With Palm Deal Complete, HP Moves To Expand webOS

Hewlett-Packard said Thursday it has completed its $1.2 billion acquisition of Palm, which is now a global business unit of HP. According to company executives, HP expects to extend the reach of Palm's webOS and app store beyond the smartphone market through the launch of other types of mobile devices such as web-connected printers and tablets.

"With webOS, HP will be able to give its customers a unique and compelling experience across smartphones and other mobility products," noted HP Executive Vice President Todd Bradley. "This allows us the opportunity to fully engage in growing our smartphone family offering and the footprint of webOS."

Global Scale, Financial Strength

Palm's own webOS effort floundered in part because of the company's inability to quickly gain a substantial following in the developer community, noted Lisa Pierce, an independent analyst with the Strategic Networks Group. "Design, connectivity and applications are three necessary ingredients to mobile device (or OS) success -- two out of three doesn't make the grade," Pierce said.

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