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
- acquisition strategy, acquisitions, business acquisitions, Capstone, David Braun, HP, M&A, M&A News, Mergers and Acquisitions, one reason, Palm
Capstone Strategic is the meeting point of passion and process in the field of mergers and acquisitions. Founded in 1995 by CEO David Braun, Capstone meets the unique demands of mid-market companies and their corporate growth initiatives. We help clients achieve their dreams through proactive strategic growth programs and successful acquisitions. Put simply, we help companies grow.