HP and Acer are developing Google Chrome OS netbooks

Netbooks running Chrome OS, Google’s newly announced operating system, may be available later this year, according to a report from Reuters, which quoted Google chief executive Eric Schmidt at the Allen & Company media and technology conference in Sun Valley, Idaho, on July 9.

“Everybody we’ve talked to under nondisclosure is excited about the plan,” Schmidt told Reuters. “So hopefully later this year we’ll see some announcements.”

According to Reuters, Hewlett-Packard and Acer are working with Google to create devices running Chrome OS, which was designed to better exploit the Chrome browser and modern Web services, such as online applications.

Google introduced Chrome OS on July 7, just nine months after its Chrome browser, which already has nearly 30 million users, according to Google. Initially, the Google team said there would be some overlap between Chrome and Android — Google’s mobile operating system, used predominantly on smartphones — but that the two would still be very distinct.

Speaking on July 9, however, Schmidt told Reuters that the two products are closely related and could eventually “merge even closer.”

Poisonally, I think Eric Schmidt has learned a thing or two from both Bill Gates and Steve Jobs about managing the press – especially geek press.. And there’s nothing wrong with that.

I have to chuckle over industry analysts and pundits who prate about business strategies as if there’s some collegiate rulebook governing the dialectic of competition. Har!

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