HP promises scale and resources to Palm

MOSCOW, RUSSIA: Hewlett-Packard Co is committed to large investments in Palm Inc, a top executive said on Wednesday as the firm develops a platform for mobile devices such as smartphones and tablets.

HP agreed to buy Palm, an early pioneer in handheld devices, for $1.2 billion earlier this year.

It has said Palm's operating system gives the company a unique platform for "connected products" including tablets, or what HP calls "slates", to rival products such as Apple Inc's iPad.

"I think what HP brings is certainly scale," HP Senior Vice President Michael Mendenhall told Reuters Insider Television on the sidelines of a two-day conference of the International Advertising Congress in Moscow.

"When you think about the ability for us to invest in the IP (intellectual property) that Palm has and the ability to scale that IP it becomes incredibly important to our company and to consumers," he said.

"And I think what you will see is resources deployed to support the Palm acquisition," Mendenhall said.