Hewlett-Packard plans to buy maker smart phones for 1.2 billion dollars. Announcement was made immediately after the U.S. stock market closed, after rumors say that there are some other competitors are vying to buy the brand “absence of a "this.

Islam in 2009, Palm OS released (OS) running on the new WebOS now two phone models. But in the context of fierce competition from smarphone iPhone and Android, Palm struggling to sell the phone. In the last earnings report last Palm says the device of unsold inventory of them is still quite large and the future earnings will be lower than expected.

This acquisition will provide the cash needed to sustain the technological development of the Palm. HP said it will raise 190 million for Palm amount spent per year in research and development, additional funding for the activities of marketing and sales. HP hopes to gain greater market share in the smartphone market while also developing hope, of Palm technology can help them find the way to the PC market in the fledgling table.