HP sells webOS operating system to LG Electronics

HP sells webOS operating system to LG Electronics

Credit: Getty Images

SAN FRANCISCO - APRIL 28: In this photo illustration, a Palm Pixi smartphone is displayed at a Best Buy store April 28, 2010 in San Francisco, California. Hewlett-Packard announced today that it will acquire struggling smartphone company Palm for $1.4 billion in cash. (Photo Illustration by Justin Sullivan/Getty Images)

Print
Email
|

KMOV.com

Posted on February 26, 2013 at 9:05 AM

Updated Tuesday, Feb 26 at 9:08 AM

 PALO ALTO, Calif. (AP) -- Hewlett-Packard says it is selling its webOS operating system technology to South Korea's LG Electronics Inc. for an undisclosed sum.

   Hewlett Packard Co. and LG said on Monday that LG will use webOS to support its "smart TV" technology. Like smartphones, smart TVs are web-connected and allow for more interaction between the device and its user. LG and rival Samsung Electronics showed off smart TV models earlier this year ahead of the International Consumer Electronics Show in Las Vegas.

   HP bought the struggling smartphone maker Palm Inc. for nearly $1 billion in 2010, hoping Palm's webOS would boost its standing in the mobile market. This did not happen.

   In late 2011, HP made webOS available as open-source software for anyone to use or modify for free.
 

Print
Email
|