Palm - M&A Summary, Ownership, and Business Overview

Technology HardwareCompany

Palm M&A Summary

Palm has acquired 3 companies of its own. A total of 2 acquisitions came from private equity firms.

Palm’s largest acquisition to date was in 2003, when it acquired Handspring for $192M. Palm has acquired in 2 different US states. The Company’s most targeted sectors include internet software and services (34%) and software (34%).

Palm Ownership

Who owns Palm?

Palm is owned by Qualcomm. It was acquired on January 23, 2014.

Was Palm formerly PE-backed?

Yes. Palm was formerly owned by 1 private investor.

Palm Business Overview

Where is Palm headquartered?

Palm is headquartered in Sunnyvale, California.

How many employees does Palm have?

Palm has 939 employees.

What sector is Palm in?

Palm is a technology hardware company.

When was Palm founded?

Palm was founded in 1992.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2

Palm, Inc.

950 West Maude Avenue,
Sunnyvale, California 94085
United States,
(408)617-7000
www.palm.com

Palm, Inc. is a provider of mobile devices that enable users to access and share any information, anywhere. Palm has been a pioneer in mobile since its inception, with such innovations as the PalmPilot™ (the most successful PDA in history), Graffiti™ (a simplified alphabet to input letters into the PalmPilot), and Palm® webOS™ (the first operating system built exclusively for mobile use).


M&A Summary

Buy vs Sell

Year ≤ '98 '99 '00 '01 '02 '03 T
Buy (0.6/yr) # - - 1 1 - 1 3
vol $80M $192M $272M
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Handspring, Inc. 2003-06-05 192M USD Add-on Acquisition
Mountain View, California
Be, Inc. 2001-08-01 - Add-on Acquisition
Sunnyvale,, California
Anyday.com, Inc. 2000-05-31 80M USD Add-on Acquisition
Cambridge, Massachusetts
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 1 (33%) 80M (29%) - -
Software 1 (33%) - - -
Technology Hardware 1 (33%) 192M (71%) - -
Total 3 $272M - -

By Geo

State/Country Buy Value Sell Value
United States 3 272M - -
  California 2 192M - -
  Massachusetts 1 80M - -
Total 3 $272M - -

Deal Values

buy # Total
$100M to $1B 1 $192M
< $100M 1 $80M
TOTAL $272M
Largest Handspring, Inc.
$192M (2003-06-05)

M&A Connections

Deals
Acquired from
Investor(s)
67%
2 (67%)

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