Hewlett-Packard Agrees to Buy Palm

This article is about Hewlett Packard has agreed to purchase Palm for $4 billion which would unite the two companies that "have failed to make much recent headway in the smart phone business." Palm has been listed to be in $400 billion debt which would be solved by the $592 HP is buying Palm for. Since HP is a leader in the market, becoming bigger may be to its advantage and better for Palm as well because it is currently making losses.