There been some rumors of a Palm buyout over the years, but now it appears that Lenovo and even HTC may be putting in a bid to buy the company. Palm’s stock has risen over 12% as of this morning. An unnamed Chinese newspaper is said to be the source of this rumor. HTC has not confirmed or denied the rumor, however Palm’s CEO Jon Rubinstein said, “If there is a reasonable acquisition proposal, the Board will consider.” Palm is currently worth less than a tenth of HTC’s value and HTC should be able to acquire the company just for cash. Palm also has over 1,650 patents, as well as WebOS.
Source: PalmInfoCenter & WMPowerUser