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CONFUSED PC MAKER HP has offloaded its WebOS investment to LG Electronics.
HP's billion dollar purchase of Palm also meant it acquired WebOS, a mobile operating system that it seems was loved by critics more than the firm that bought it. After HP fumbled around with the Pre smartphone and Touchpad tablet and decided to kill the operating system it has been looking for a buyer, and finally LG Electronics has obliged.
HP sold the WebOS source code, documentation, engineers and websites to LG along with licences to use related technology including some of the patents it got as part of its purchase of Palm.
According to the terms of the deal, LG will lead the development of Open WebOS and Enyo but HP will continue to support Palm users, though HP did not say how it will do that.
HP will also keep Palm's cloud computing assets, including the source code, engineers, infrastructure and any pre-existing contracts. LG Electronics president and CTO Skott Ahn said, "Integrated with LG, this team will be the heart and soul of the new LG Silicon Valley Lab, focused on bringing innovative technology solutions to market through the most popular platforms for sharing and consuming content and experiences."
LG said it will use WebOS in its next generation televisions and made no reference to using the mobile operating system in its smartphones or tablets, suggesting that it plans to stick with Google's Android.
Neither HP nor LG disclosed financial terms of the deal but they said that they do not expect the transaction to have any impact on their financial statements, implying that a big wedge of cash wasn't involved. µ
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