Microsoft Office 2010 Standard Completes Palm Acqu

HP Completes Palm Acquisition
PALO ALTO, Calif., -- HP nowadays announced it has completed its acquisition of Palm Inc. at a price of $5.70 for each share of Palm widespread stock in cash.

HP right now announced it's completed its acquisition of Palm Inc. at a price tag of $5.70 per reveal of Palm common stock in dollars.

The blend offers HP important headway into one of technology’s fastest-growth segments with Palm’s modern webOS platform and loved ones of smartphones, in addition a rich portfolio of intellectual residence from your smartphone pioneer.

HP’s worldwide scale and fiscal strength in addition Palm’s award-winning webOS expertise, also as its acclaimed Pre and Pixi smartphone products lines, boost HP’s capacity to participate more aggressively within the very rewarding, $100 billion smartphone and related cellular unit markets.

“With webOS, HP will supply its clients a special and powerful experience across smartphones along with other mobility merchandise,” stated Todd Bradley, executive vice president,Microsoft Office 2010 Standard, Personalized Techniques Group, HP. “This makes it possible for us the chance to fully engage in growing our smartphone household presenting along with the footprint of webOS.”

Under Jon Rubinstein, former Palm chairman and chief executive officer, the Palm global company unit will report to Bradley. Palm will be responsible for webOS computer software advancement and webOS primarily based hardware products, from a robust smartphone roadmap to potential slate PCs and netbooks.

“With HP’s entire backing and world-wide strengths, I’m assured that webOS is going to be in a position to reach its complete likely,” said Rubinstein. ”This agreement will speed up the advancement of this unbelievable platform with new resources,Office 2007 Serial, scale and help from a world-respected brand name.”

About HP

HP produces new prospects for technological innovation to have a meaningful effect on folks, companies,Genuine Windows 7, governments and culture. The world’s biggest technology firm, HP brings collectively a portfolio that spans printing, personal computing, computer software, providers and IT infrastructure to solve client issues. Much more data about HP (NYSE: HPQ) is accessible at

This news release is made up of forward-looking statements that include dangers, uncertainties and assumptions. If this kind of dangers or uncertainties materialize or these assumptions prove incorrect, the results of HP and its consolidated subsidiaries could vary materially from people expressed or implied by these kinds of forward-looking statements and assumptions. All statements other than statements of historical actuality are statements that could be deemed forward-looking statements,Office 2010 Professional Plus, which includes the expected positive aspects and charges in the transaction; management ideas relating for the transaction; the anticipated timing from the completion with the transaction; any statements of expectation or perception; and any statements of assumptions underlying any of the foregoing. Dangers, uncertainties and assumptions include the probability that anticipated rewards may not materialize as anticipated; risks related to the timing or ultimate completion from the transaction; as well as other risks that are explained in HP’s Quarterly Report on Form 10-Q for that fiscal quarter ended April 30, 2010 and HP’s other filings together with the Securities and Trade Commission, such as but not minimal to HP’s Yearly Report on Form 10-K for that fiscal yr ended October 31, 2009. HP assumes no obligation and will not intend to update these forward-looking statements.

© 2010 Hewlett-Packard Improvement Business, L.P. The knowledge contained herein is subject to alter unexpectedly. HP shall not be liable for technical or editorial problems or omissions contained herein.

Editorial contacts

Jim Christensen,Genuine Windows 7, HP: jim.christensen@hp.com

Derick Mains, Palm: derick.mains@palm.com