On the EVE OF ITS LAUNCH, Palm (www.Palm.com) is canceling its high-profile mobile computing device called "Foleo". A story representative declined to discuss the extent to which Elevation Partners drove the decision to cancel the project.
Article by Troy Wolverton, Mercury News (San Jose/Silicon Valley)
See also Engadget claiming they were the catalyst:
http://www.engadget.com/2007/09/04/palm-kills-the-foleo-dead/
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