Palm, the PDA manufacturer taht competes directly with the Microsoft technology known as Windows Pocket, has been suffering for years in an economical context very adverse to this market segment. But they received in beginning of June a nice shot of dollars in the form of financing by private-equity Elevation to the tune of $325 million de dollars for 25% of the company shares.
This should give them enough dough to start thinking clearly about how to move out of the turbulences.
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