Well, it seems that Palm received a very nice early Christmas present from Elevation Partners.  They have invested another $100 million in equity in Palm.  Elevation Partners is quoted as saying “We believe that Palm is in a position to transform the cell phone industry, and we are pleased to have the opportunity to make this additional investment in the company.”  So, what does this mean?  Honestly, I take it as a very good sign that we will have new Palm products with their new OS in the first half of the year.  In these tough economic times, people are not going to invest money unless they have a sure thing.  Elevation Partners must be pretty confident in Palm in order to increase their current investment.  I also think this will mean an end to all the delays, and possibly the first fully touchscreen Palm phone.  I am secretly hoping that it will have some kind of slide out keyboard, because I am a big fan of the keyboard.  As a Palm fan, this gives me reason to cheer, and be just a little more excited about CES next month.  Maybe we will even see the phone that transforms into a robot that does your laundry.  A girl can dream…

Be Sociable, Share!

• 

Related posts:

1. 100 Million iPods Sold
2. Rumors: Palm Pre, Palm Pixi…and Palm Elan (???) Coming Soon to AT&T
3. Palm Gets Major Investment
4. Palm, CES, Thursday, The Rumour Mill!
5. Palm Unveils the Pixi