HP sells webOS to LG for smart TVs

LG will acquire the mobile operating system's source code and engineering team

Hewlett-Packard has sold some of the rights to its webOS mobile operating system to LG Electronics for use in smart television sets made by the South Korean electronics firm.

LG has agreed to acquire the source code, webOS engineering team and other assets from HP, in a deal announced Monday, the companies said in a press release. LG will license webOS products from HP in the deal.

The companies did not disclose the financial terms of the deal.

HP acquired the mobile operating system, along with device maker Palm, in a deal announced in February 2010. HP used the operating system on its short-lived TouchPad device, which debuted in mid-2011 then disappeared weeks later.

HP announced a new tablet, the US$169 Slate 7, on Sunday. The Slate 7 will run the Android operating system.

LG will lead the Open WebOS and Enyo open-source projects as part of the deal, the company said. HP will retain ownership of all of Palm's cloud computing assets, including source code, talent, infrastructure and contracts.

HP will also continue to support Palm users.

The deal will allow for continued development of the webOS operating system, and will drive forward LG's efforts to bring Internet services to consumer electronics, LG said.

"This groundbreaking development demonstrates LG's commitment to investing in talent and research in Silicon Valley, one of the world's innovation hotbeds," Skott Ahn, LG's president and CTO, said in a statement. "It creates a new path for LG to offer an intuitive user experience and Internet services across a range of consumer electronics devices."

Grant Gross covers technology and telecom policy in the U.S. government for The IDG News Service. Follow Grant on Twitter at GrantGross. Grant's e-mail address is grant_gross@idg.com.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags mobileMergers and acquisitionsbusiness issuesHewlett-Packardconsumer electronicsMobile OSesLG ElectronicsSkott Ahn

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Grant Gross

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?