Elevation Palm is in the bag thanks to Palm Pre

12:49 AM Edited by Blony

. When Palm received 100 million Elevation Partners, Bono of U2, knew they were after something really big, and it can be seen just 24 hours after launching the new Palm Pre. Its shares rose almost 100% after his presentation at CES 2009.

Palm now has to get a good price for the team, teams have 3G GSM bands, and convince other operators to buy rioja. A challenge, but veterans of Palm are very well prepared for this.