Palm and Nokia Complete Executive Swap

Last month, Nokia hired Palm’s Peter Skillman, whose position within Palm was VP of Product Design. Today it appears Palm has returned the favor, hiring Air Jaaksi who recently resigned from Nokia’s MeeGo branch. Jaaski will be Palm’s Senior VP of webOS. Jaaski recently left Nokia it was for “personal reasons”. ¬†As All Things D points out, this is code for, “I’ve got a new job at Palm”.

Ari Jaaski

In addition to hiring Jaaski, Palm has also hired Victoria Coleman, who was in charge of Samsung’s R&D Center in San Jose. Coleman will “oversee platform and application development for next-generation versions of webOS”.

There has been plenty of employee shuffling since the acquisition, but it’s certainly refreshing to see Palm add talent.

All Things D via Unwired

Palm Shares Rise, Analyst Suggests Takeover Possibility

Palm shares surged today on comments by Jonathon Goldberg, an analyst for Deutsche Bank. Goldberg raised his target price for the stock citing strong potential for webOS devices and a “takeover possibility“. From what’s been reported, there is absolutely no evidence that a takeover will happen in the foreseeable future. Goldberg simply believes the company is “a potential target” for a larger company (Dell, Nokia) looking to break in or expand their presence in the mobile market.“As the only standalone entity, we think there is a real potential for Palm to be acquired in the next two years,” Goldberg wrote.

“We think Palm has created a valuable asset in its webOS. If they can grow their installed base of users and keep the carrier momentum going, this value should become more apparent,” continued Goldberg.

As for device sales, Goldberg believes Palm can sell 600,000 units into Verizon in this quarter alone. He also speculates the Palm’s App Catalog could outpace RIM and Android by the end of this year.

[via WSJ]