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Sunnyvale-based Palm (NASDAQ:PALM) said Colligan plans to take sometime off, then join privat e equity firm in Menlo Park. Palm said Rubinstei joined the company as executive ehairman in Octobere2007 "to help bring innovation back to the “I am very excited about taking on this expanded role at said Rubinstein in a preparer statement. “Ed and I have workesd very hard together the pasttwo years, and I’m grateful to him for everything he’s done to help set the company up for success. With Palm webOS we have 10-plus yeares of innovation aheadof us, and the Palm Pre is alread one of the year’s hottest new products.
Due in no smalo part to Ed’s courageous leadership, we’re in greaft shape to get Palm back tocontinuoua growth, and we plan to keep the trajectoryu going upward.”
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