Colligan out, Rubinstein in as Palm CEO
Despite being the man who led the charge of the Pre and webOS after a 9 year tenure at Apple, it still came as a bit of a surprise when Palm announced that Jon Rubinstein will be assuming the role…
Palm secures additional equity investment, shares rise 13%
Palm announced today that the equity firm Elevation Partners has agreed to make a new investment in Palm that will total $100 million. Elevation Partners, who purchased 25% of Palm in September 2007, will purchase preferred stock that is convertible…
