Mobile Industry Review » Elevation Partners http://www.mobileindustryreview.com Daily news and opinion for 250,000 industry executives and mobile fanatics Tue, 14 Feb 2012 22:46:41 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Palm gets $100m boost http://www.mobileindustryreview.com/2008/12/palm_gets_100m_boost.html http://www.mobileindustryreview.com/2008/12/palm_gets_100m_boost.html#comments Mon, 22 Dec 2008 21:22:15 +0000 Steve Kennedy http://www.mobileindustryreview.com/2008/12/palm_gets_100m_boost.html Palm has received a $100m injection from Elevation Partners (who get Series C stock and warrants).

Palm recently posted a $506m loss, so the money has come just in time as Palm are expected to launch their new Nova operating system at CES in Jan next year.

Whether this injection or the new OS will save Palm is as yet undecided.

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