News
 

Bookmark and Share

(1) 

After failing to capitalize on the acquisition of Palm and making devices based on proprietary webOS operating system, Hewlett-Packard now wants to sell webOS-related intellectual property to a third party in order to improve its financial results, according to a report. Selling-off OS-related patents means that the company’s strategy going forward will be focused around off-the-shelf technologies.

The world’s second largest maker of personal computers – Hewlett-Packard – has removed some constricting conditions that made the webOS- and mobile computing-related patents unappealing to buyers as well as approached possible buyers about the portfolio of patents, reports Bloomberg news-agency. At present it is unclear whether HP approached particular companies interested in mobile patents, or made enquiries to professional patent holders.

Earlier this year LG acquired the source code, associated documentation, engineering talent and related websites associated with webOS. As part of the transaction, LG also received licenses under HP's intellectual property (IP) for use with its webOS products, including patents acquired from Palm covering fundamental operating system and user interface technologies now in broad use across the industry.

Nowadays fundamental patents for mobile technologies are a very valuable assets. Many companies, including Apple, Microsoft and Google invest billions of dollars into portfolios of essential patents for various technologies in a bid to solidify their positions and prevent new players from entering the market.

In case such tech giant as Hewlett-Packard is no longer interested in owning a patent portfolio covering fundamental operating system and user interface technologies, it may mean that the firm does not plan to further innovate the mobile segment on the level of core technologies.

HP did not comment on the news-story.

Tags: HP, webOS, Palm

Discussion

Comments currently: 1
Discussion started: 10/25/13 12:34:12 PM
Latest comment: 10/25/13 12:34:12 PM

[1-1]

1. 
Someone should fired the HP BOD
0 0 [Posted by: phatboye  | Date: 10/25/13 12:34:12 PM]
Reply

[1-1]

Add your Comment




Related news

Latest News

Monday, April 14, 2014

8:23 am | Microsoft Vows to Release Xbox 360 Emulator for Xbox One. Microsoft Xbox One May Gain Compatibility with Xbox 360 Games

Tuesday, April 1, 2014

10:39 am | Microsoft Reveals Kinect for Windows v2 Hardware. Launch of New Kinect for Windows Approaches

Tuesday, March 25, 2014

1:57 pm | Facebook to Acquire Virtual Reality Pioneer, Oculus VR. Facebook Considers Virtual Reality as Next-Gen Social Platform

1:35 pm | Intel Acquires Maker of Wearable Computing Devices. Basis Science Becomes Fully-Owned Subsidiary of Intel

Monday, March 24, 2014

10:53 pm | Global UHD TV Shipments Total 1.6 Million Units in 2013 – Analysts. China Ahead of the Whole World with 4K TV Adoption

10:40 pm | Crytek to Adopt AMD Mantle Mantle API for CryEngine. Leading Game Developer Adopts AMD Mantle

9:08 pm | Microsoft Unleashes DirectX 12: One API for PCs, Mobile Gadgets and Xbox One. Microsoft Promises Increased Performance, New Features with DirectX 12

3:33 pm | PowerVR Wizard: Imagination Reveals World’s First Ray-Tracing GPU IP for Mobile Devices. Imagination Technologies Brings Ray-Tracing, Hybrid Rendering Modes to Smartphones and Tablets

2:00 pm | Nokia Now Expects to Close Deal with Microsoft in Q2. Sale of Nokia’s Division to Close Next Month