| Document Date: 2008-12-22 09:28:56
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City SUNNYVALE / / Company Palm Inc. / Elevation Partners / / Country United States / / Currency USD / / Event M&A / Funding / Dividend Issuance / / / Organization Securities and Exchange Commission / / Person Roger McNamee / Ed Colligan / / / Position president and chief executive officer / co-founder / / ProvinceOrState California / / Technology cellular telephone / /
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Palm Secures Additional $100 Million Equity Investment From Elevation Partners SUNNYVALE, Calif., Dec. 22, Palm, Inc. (NASDAQ:PALM) today announced that Elevation Partners has agreed to make an additional $100 mi