
This weekend was a busy one for HP and their newest brand, Palm. Not only did Palm’s app store, PreCentral, stop working for Pre and Pixo users this weekend, but the SEC released information on the events that lead up to HP’s aquisition of Palm.
No apps for you
If you were a Palm Pre or Pixo user this weekend making an app purchase, you may have found yourself staring at an error message instead of your new app. This is because of an outage on PreCentral, Palm’s version of Appple’s App Store on iTunes, this weekend. Palm quickly fixed the problem and those who were charged were eventually able to download their apps, but it highlights some of the problems at the company and why other potential suitors might not have wanted to buy.
Somebody give me $5 to go
SEC documents reveal that HP was in a bidding war with four other unnamed companies (rumors include Dell, HTC, and Lenovo; Nokia had publicly turned down the chance). Up to 14 companies had inquired about purchasing either the company, the intellectual assets, or licensing webOS. Palm’s board seemed divided on what avenue or offer to take, but two things are clear: HP had both the highest and most favorable bid for Palm. It’s clear now why HP wanted Palm so badly: webOS. Why HP chose to buy the whole company and not simply license the OS is another question we don’t yet have the answer.