"More importantly we acquired webOS," Cador told the conference in Barcelona, adding Palm's intellectual property was "extremely fundamental" in the deal.
HP, the world's largest technology company by revenue, is already a dominant force in PCs, servers, services and printers. But without a credible smartphone offering, it risked being left behind in a rising and highly profitable market, one that rivals both at home and in Asia are increasingly moving into.
PC makers Dell, Lenovo and Acer are all pushing into smartphones, which offer advanced services such as streaming video, e-mail and GPS in addition to voice calls. (Reuters)