Palm may be on its way back into the hands of Silicon Valley smartphone owners.
The once-dominant phone brand -- which is credited with originating the smartphone well before Apple unveiled the iPhone -- was sold by owner Hewlett Packard to Chinese consumer electronics firm TCL, Techspot.com reported.
The website reports that HP, who bought Palm for $1.2 billion in 2010, sold the brand to TCL for an undisclosed sum. TCL plans to resurrect the brand -- and to involve its fans while doing so.
TCL CEO George Guo says that rebuilding Palm will be a "collaborative effort" with input from fans for the "largest crowd-sourced project in the industry," Techspot.com reported.
What kind of phone will the next generation Palm be? Who knows: TCL currently peddles phones running Android, Firefox OS and Windows Phone, Techspot.com noted.
Other beloved favorite of yesteryear BlackBerry is also trying to make a comeback.
