SAN FRANCISCO ? Last year Palm, a pioneering maker of handheld devices that was lagging far behind its competitors in the phone market, bet its future on a slick new smartphone called the Pre.
Now, after the Pre and its companion, the Pixi, failed to make a splash, Palm is seeking a buyer, according to two people close to the company.
Palm has retained Goldman Sachs and Qatalyst Partners, a firm headed by the Silicon Valley investment banker Frank Quattrone, to help it explore its options, said one of those people, who agreed to speak on condition of anonymity because the company?s plans are supposed to be confidential.
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http://www.nytimes.com/2010/04/13/te...gy/13palm.html