HP: Hello, Palm — First impressions of HP buying Palm

So, it looks as though Lenovo wasn’t the global PC maker that would up with Palm. Instead it was Palm’s Silicon Valley neighbor HP, which has been dipping its toe in WinMo waters for the past few years. WebOS will help diversify mobile offerings from the computing giant, which faced the prospects of facing tough software differentiation under Windows Phone 7 — a dilemma from its PC business that it likely had no desire to repeat in the handset space

Palm gains access to HP’s vast R&D resources, global distribution and corporate clout while HP gains instant entry into the carrier portfolios of three of the four major U.S. carriers as well as an increasing number abroad. In the post-iPhone world, it’s clear that major PC companies need to have a serious play in the handset market. WebOS is an elegant, powerful operating system, but its performance continues to need help and Palm did not have the bandwidth to focus on suddenly hot tweener devices years after the fall of the Foleo and months after the rise of the iPad. WebOS may appear in HP smartbooks such as the Compaq Air’Life and perhaps even down the road as an embedded pre-boot environment. This seems to be a good fit from a technology and product offerings perspective.

There’s more to come on this story, to be sure.