HP acquires Palm

At long last after all the speculations and uncertainties about the future of Palm and its innovative webOS, HP appeared out of the blues to take over the company for a $1.2bn fee which translates to around $5.70 per share. Guess we're in for a lot of sweet devices from HP. Nothing has been mentioned about the "Palm" brand name yet, so we don't know whether to expect a full rebranding or not