updated 10:15 pm EDT, Wed April 28, 2010
Team reminded to remain "laser focused" on plans
Following the disclosure of HP's plan to acquire Palm, the struggling company's CEO, Jon Rubinstein, commended employees for their hard work and reminded the team to remain focused on existing goals, according to a company-wide e-mail posted on the Wall Street Journal. The CEO framed the move as a "huge step forward" in accelerating Palm's transformation strategy.
"HP is a world-class company which brings the extensive resources necessary to scale the Palm webOS platform," the e-mail reads. "During this process, we must remain laser focused on our priorities - increasing sell through and customer satisfaction, and continuing to work on our innovative product roadmap."
The acquisition is said to have cost HP more than $1 billion in cash. The computer maker labeled webOS a "world-class" mobile platform which it plans to extend to additional devices such as tablets. HP also cited Palm's patent portfolio as a contributing factor.