6 Terrible Tech Acquisitions


HP-Palm

HP doled out $1.2 billion for Palm in 2010 and made it the centerpiece for its mobile device push. But after the rocky tenure of former CEO Leo Apotheker, HP suddenly decided to kill the WebOS-powered TouchPad tablet (pictured) just six weeks after its launch and stopped all WebOS device production. To make matters worse, HP later decided to turn Palm's software platform into an open-source project while spinning off the WebOS business unit as a new company, oddly named 'Gram.' Two years after HP made its big mobile bet with Palm, the company has little to show for it.

 



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