Palm Inc. shares started on Monday on persistent speculation that the mobile phone manufacturers to explore the possibility of selling itself to the buyer.
Although the company declined to comment, put the population more than 16 per cent to more than $ 6 on the Nasdaq on Monday. Monday 's rise comes after the Palm shares gained more than 30 percent last week on the same speculation
Other reports show a company had the investment bank Goldman Sachs Inc. and takeover specialists hired to advise Qatalyst strategic partner companies.
Alternatives to direct sales, the new investment or to seek to license its operating system WebOS
Palm has a market value of around 900 million dollars, but the company 's has been in almost 70 percent in the last 12 months
The shares were offered by hard underwhelming sales of its latest smartphone, before hit. Although the Palm Pilot is a pioneer in personal digital assistant sales of smartphones Palm after bad next to the BlackBerry and iPhone option from Research in Motion and Apple Inc., and in recent years.
Palm smartphones adds 960,000 during its last quarter. For purposes of comparison, Research in Motion shipped about 10.5 million BlackBerry during its last fiscal quarter, Apple sold 8.7 million iPhone
The two most likely candidates would be based in the Asia-electronics manufacturer HTC Corp. and Lenovo Group Ltd. is currently building phones Taiwanese company HTC Google's Android platform, while the Chinese company Lenovo is primarily a computer manufacturer
Private-equity firm Elevation Partners - by U2 frontman Bono LED controls - more than 30 percent of population in Palm '. Investment Challenge Paper 24 / 7 Wall Street in the name of Bono, the worst investor in America last month, largely by the company 's at stake in Palm.