Why did HP “Acquire” Palm?

Palm CEO Jon Rubinstein said his company is not for sale. There were reports that HTC and Huawei have backed out from the bidding to acquire Palm, leaving Lenovo as the remaining company as the lone potential buyer. And what do you know? Its not HTC, its not Huawei and definitely its not Lenovo who acquired Palm but Hewlett Packard. Yes, HP bought Palm Inc. for $1.2 billion.

HP and Palm, Inc. announced that they have entered into a definitive agreement under which HP will purchase Palm, a provider of smartphones powered by the Palm webOS mobile operating system, at a price of $5.70 per share of Palm common stock in cash or an enterprise value of approximately $1.2 billion. The transaction has been approved by the HP and Palm boards of directors.

When security software causes more problem than cure

In a recent security event I attended, the security company host was boasting about how their solution can protect corporate technology infrastructure from threats, enumerating their solution offering that automates most of the procedures in securing one’s system.

This writer asked a couple of questions, one of which what happens if a patch issued by a security software provider will cause more problem than cure? The security company assured me that their offering goes a very rigid quality control and that if there will be any vulnerability, a patch will be issued and delivered live to make sure hackers won’t be able to take advantage of the vulnerability.