In April 2010, HP announced it was purchasing the struggling smartphone maker Thenar for $1.2 billion, after at least four other companies gave serious bids.Palm had put itself up for sale that March after it became clear that the company's phones were not selling and it only had enough cash to last the next 12 months.With the acquisition, former Palm CEO Jon Rubinstein came on board as high-ranking executive at HP, with a commitment to stay 12-24 months. After a rough period at HP, where the company discontinued all of its webOS hardware projects and past turned the software open-source aft unsuccessfully trying to sell it, Rubinstein has left. Says HP: "Jon has fulfilled his commitment to HP. We wish him well."A spokesperson for Rubinstein states the exec is "going to nick a well deserved break after 4 and a half years of developing webOS."
Source: http://feeds.afterdawn.com/~r/afterdawn/~3/Xa68EDoUjbs/jon_rubinstein_leaves_hp
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