H-P is acquiring Palm for $1B and they say it is to position them further into the smartphone market which reportedly grew by over 60% last year. H-P’s head of strategy, Shane Robison said “It’s an opportunity for us to get into a very big market”. Understandable? It is to me. I’m not saying it’s a good strategy, but they have ONE reason for the acquisition and from my experience H-P is more likely to be successful because people get it.
One Reason for H-P
- April 30, 2010
- By Capstone under M&A and External Growth, M&A in the News
- Leave a reply
- acquisition strategy, acquisitions, business acquisitions, Capstone, David Braun, HP, M&A, M&A News, Mergers and Acquisitions, one reason, Palm
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