HP announced it was buying Palm today. Engadget has a live blog transcript for the conference call:
http://www.engadget.com/2010/04/28/hp-buys-palm-the-liveblog/
This is good news for me as I really liked the webOS and it keeps Palm competitive with Android, iPhone/iPad and the upcoming new Windows 7 Phone OS. There is speculation that HP will develop tablet products using webOS ala iPad but we'll see.
Maybe we'll see iPaq hardware running webOS in the very near future.
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