Palm To Merge With Research In Motion?
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Rumors, rumors. We love them at SvenOnTech and we love to report them to ya. A reader of ours from MyPalmLife has sent us an interesting morsel. He tells us that he’s reading all sorts of chatter of a Palm and Research in Motion merger. It seems both companies will be having an earnings conference call on the 29th of this month. The rumor boards are saying that this and this alone is indication that both companies will step up to the mic announcing they are one.
With RIM’s ream on the lawsuit it lost last month, Research in Motion has some baggage in its house. Palm likewise has some issues at home, too. With the PDA market pretty much dead and the smartphone the wave of the future, Treo is all it has. Since PalmSource likes making next-generation operating systems yet never releasing them, Palm had little choice but to go to the dark side. Palm ain’t looking like it’s going to be able to last on just one model.
So, it is plausible that RIM and Palm would unite to strengthen their assets and consolidate the weakness. A merger would be interesting to see how the W in Treo 700w would pan out since it contains direct competition with the RIM’s push e-mail service. But when the chips are down, you take some drastic moves. We’ll see if that move is made on the 29th or not.
[tags]rim,palm,treo,700w,merger,reasearch,in,motion,rumor[/tags]
