Humane is reportedly trying to sell itself to HP for $1 billion
by Jess Weatherbed from The Verge - All Posts on (#6NB68)
Photo by Amelia Holowaty Krales / The Verge Following rumors that Humane is hunting for a potential buyer for its AI Pin business, a new report suggests that HP may be a contender. According to The New York Times, Humane started talking to HP about selling itself for more than $1 billion around a week after reviews emerged that widely panned its $699 wearable AI computer pin.
That figure is also reflective of a similar report from Bloomberg last month that said Humane is seeking a price of between $750 million and $1 billion." It also isn't inconceivable for HP, which previously acquired Palm hardware and its webOS operating system for $1.2 billion in 2010. HP killed all Palm-related production and support the following year, citing poor sales. LG now owns webOS.
Humane...