A new rumor is buzzing in the mobile industry and this involved the troubled Palm. Palm certainly isn’t doing good and the late launch of the Palm Pre and Pixi did not help. So who is there to save the day?

Nokia was first to be reported in acquiring Palm but now there is a new bettor in Lenovo, the world’s fourth largest PC maker. Lenovo has already unveiled its first Android smartphone, LePhone, and adding the Palm devices under its wing would really make sense.

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