HP seeking buyers for mobile patents – report – Mobile World Live

HP seeking buyers for mobile patents – report

25 OCT 2013

HP is hoping to sell some of its mobile patents, including those for webOS, according to Bloomberg.

Approaches have been made to several potential buyers by HP, which acquired webOS when it bought device maker Palm for $1.2 billion in April 2010.  The acquisition was later written down as HP struggled with its mobile strategy.

The company has recently removed some conditions attached to the patents that might have deterred potential buyers.

Meg Whitman, the company’s CEO, initially turned webOS, which is suitable for both smartphones and tablets, into an open source project handled by a subsidiary called Gram. She then sold webOS’ code to LG earlier this year.

However, under the terms of the LG deal, HP kept hold of the operating system’s patents, which were only licensed to the South Korean company. According to the sources, the LG deal will not restrict HP from selling the patents to another company.

HP would not comment on the story.

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Richard Handford

Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including...

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