Palm has been burning through cash - I'm guessing we get an announcement at CES that nova is not going to be out until the end of 2009 and this $100 million was a "put in or we could go bust before during the roll-out". For Elevation, that would represent a chance to save their current investment and hope the buzz around nova will turn the company around (or at least provide a temporary lift to the stock price so they can offload it).
“We're grateful that RIM has finally decided to pay some attention to the sizable number of non-PC users that have been stuck with poor alternatives for way too long.”
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Palm has been burning through cash - I'm guessing we get an announcement at CES that nova is not going to be out until the end of 2009 and this $100 million was a "put in or we could go bust before during the roll-out". For Elevation, that would represent a chance to save their current investment and hope the buzz around nova will turn the company around (or at least provide a temporary lift to the stock price so they can offload it).