22.12.2008 17:22 Uhr, Quelle: Engadget

Palm nabs another $100m from Elevation Partners, takes it to the bridge

According to reports today, Palm has managed to snag another $100 million from Elevation Partners (the private equity team co-owned by Bono). The new figure gets tacked onto Palm's existing $325 million buy-in from the firm. The previous sum was put towards the struggling handset / software-maker's "strategic recapitalization," and we can only assume this latest infusion is being used for the home stretch into that New OS and those New devices we're expecting see

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