WTF? HP Wants in on the Saturated Mobile Market?

Hp

HP's aquisition of Palm is clearly for their mobile OS market (and maybe some patents) but why would a company with little to no mobile phone experience jump in to an extremely competitive market like that? Its similar to how Yahoo was rumored to want to acquire Foursquare for the sake of saying to their investors that they are in the location space. Buying companies to keep investors happy does not seem like a good idea to me—And I think that's exactly what HP just did with Palm. Ironic that HP's tagline is Invent considering the situation. HP better invent a way to capitalize on a failing company, and quickly..

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