Palm has sold 25% of the company to Elevation Partners, a private equity firm as part of a $325 million reorganization plan. As part of the plan, former Apple iPod chief Josh Rubenstein will take over as executive chairman.
Palm has sold 25% of the company to Elevation Partners, a private equity firm as part of a $325 million reorganization plan. As part of the plan, former Apple iPod chief Josh Rubenstein will take over as executive chairman.