TCL confirms acquisition, will create a new Palm

China-based TCL Communication, the holding company of affordable mobile device vendor Alcatel OneTouch, has confirmed recent reports it has snapped up the Palm brand from HP. TCL said it is to create a new US-based company, Palm Inc., which will take ownership of the brand and development of mobile devices.

Palm name to revived by TCL

The Palm brand is to make a return after TCL, the parent company of device maker Alcatel OneTouch, confirmed that it acquired the trademark from HP. Palm, which initially produced PDAs, was one of the first companies to develop smartphones …

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Palm brand apparently acquired by TCL Alcatel for 2015 US smartphone push

Having already disposed of the majority of its abortive Palm acquisition, HP has now handed over the brand. While there has been no formal announcement from either party, all the evidence points towards the Palm brand having been snapped up by TCL Alcatel, presumably to badge a range of smartphones.