by Anton Shilov
10/23/2013 | 11:40 PM
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.