HP to buy Palm for $1.2 billion

I woke up this morning to the news that HP, one of the world’s oldest and largest IT company, would buy my favorite smart phone maker. While there had been rumors of as possible buyout of Palm, HP was not always mentioned in the reports.

While it’s a bit sad that Palm would again be no longer an independent company, it’s still good news — as what my colleague Joey Alarilla tweeted. Learning that Palm would soon be in the hands of HP, a leading creator of a wide range of IT products, made me feel that the PDA and smart phone pioneer would not just fade away as some critics predicted.

Maybe the webOS-powered Palm Pre and its successors would eventually reach and be a hit in the Philippine shores. HP, after all, is a global company.