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DeWitt said the Palm acquisition fills a critical gap for HP. "We are very excited about it because we know Palm," he said. "We know the Palm culture. We know the team at Palm. They are a very passionate organization. They want to win. They want to compete. Their passion with HP's scale and experience brings an impressive combination to the market."
"The Palm portfolio added to HP's portfolio gives us a unique offering in the market," he said. "It gives us a platform upon which we can innovate. That, from a partner perspective, opens up a tremendous amount of opportunities that we can realize over time."
DeWitt said HP is focused on building out the industry's best technology portfolio end to end - bar none - in both the consumer and commercial markets. "We think that is an exciting opportunity for our partners," he said. "We think that is something they can wrap businesses around, extend and drive their profitability."
DeWitt said HP is comfortable "being aggressive in the market. We are comfortable being an innovator. We are comfortable taking steps to fill portfolio gaps that we have. We are comfortable addressing areas where we have had challenges in the market where we have an opportunity to raise the bar. We are not afraid to take the risks and take bold steps in the market."
DeWitt said the Palm deal is not aimed at grabbing business from Apple. "We don't make decisions like this to target companies," he said. "We make decisions like this to round out the portfolio whether you are talking to a consumer, an SMB, or a large enterprise. This isn't about competitors. This is about HP's vision."