June 4, 1896: Ford Test Drives First Car, 2003: Palm Acquires Handspring
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1896 – Henry Ford gets ready to test drive the first Quadricycle (a.k.a. Car). Only one problem – They didn’t make the garage door big enough. Out comes the Ax – A couple chops and a wider door was created. The car ran 2 speed, but could not go in reverse.
It’s all in the book – the ford century
2003 – Palm board of directors announce they have unanimously approved an agreement for Pam to purchase Handspring – one of its rivals in the PDA market. The deal is all stock realted where Handspring stockholders would get .09 cents of a share of Palm and no shares of PalmSource (Palm shares were at $13.89 and Handspring were at $1.27). The deal would be worth $169 million.
Full Day in Tech History podcast show notes for June 4
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