Yesterday, LG announced that it has acquired from HP the ill-fated mobile platform webOS. Interestingly, there was little known information regarding the deal, and LG stated that it will use the platform to power its smart TVs in the future. We speculated that perhaps it was also the patents that are held by HP for webOS that the Korean company was interested in.
However, HP COO Bill Veghte has come out and cleared the air over the webOS deal. According to him, HP did not sell the entire webOS portfolio to LG, and retains, among others, the cloud services division and the entire portfolio of patents associated with webOS and Palm. Instead, LG will license some of the patents as well as participate in the webOS project, and interestingly, are not even sure of its future with regards to webOS-powered devices. It did not categorically rule out a webOS-powered device; in fact, The Verge reports that LG are not even sure what its plans are with webOS.
Yet another twist, perhaps?
(Source: The Verge)