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HP Looking to Sell WebOS for 'Hundreds of Millions'

Nov 7, 2011, 6:51 PM by Eric M. Zeman

HP is considering whether or not it should sell webOS to an unknown suitor for hundreds of millions of dollars, reports Reuters, citing four sources familiar with the matter. HP acquired webOS when it closed its acquisition of Palm in July 2010. It paid $1.2 billion for Palm. HP has been unable to capitalize on the mobile operating system developed by Palm, and in August of this year decided to shutter its webOS-based smartphone and tablet businesses. Reuters reports that several companies are interested in webOS, including Oracle, though probably for the patents that are part of the operating system and not for the platform itself. Bank of America Merrill Lynch is advising HP on the deal. HP and Bank of America declined to comment on Reuters' story.

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Comments

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This forum is closed.

MileHigh8710

Nov 7, 2011, 10:40 PM

Let us pray that it's HTC

😁

More choices the better!!! Plus I'm so sick of android on everything. We need choices not iOS on the iPhone or Android on "Everything Else."

PS I can't wait for Nokia and windows to get rolling.

bluecoyote

You've still got WM7, which is making a very good case for mobile platform quality. Too bad it's Microsoft and their track record for just about everything is borderline abysmal.

I love WebOS, but unless it's a major manufacturer (and likely NOT Sa...
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