LG Electronics Acquires webOS from HP to Enhance Smart TV

Posted by bob on Feb 25, 2013 7:16 PM EDT
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LG Electronics Inc. has acquired the webOS operating system technology from HP, the companies announced today. To support its next-generation Smart TV technology, LG has entered into a definitive agreement with HP to acquire the source code, associated documentation, engineering talent and related websites associated with webOS. As part of the transaction, LG also will receive 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.

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