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Wednesday, 9 November 2011

HP to sell webOS unit

Just a year after it acquired webOS,HP is looking to sell Palm's webOS mobile software platform in a deal that could fetch hundreds of millions of dollars.HP is trying to figure out how to recoup its investment in Palm, viewed by many as an expensive foray into the smartphone market that has not paid off.
There has been talk that technology companies have expressed an interest in buying the division, which is seen as attractive for its patents.Among those mentioned so far are, Research In Motion, IBM, Oracle and Intel which are considered to be among the companies likely to be interested in the HP asset.
There is no doubt that the future of the unit which HP acquired when it bought Palm in 2010, was in mess after HP decided to kill its webOS-based TouchPad tablet following poor sales and negative reviews.HP is said to be exploring ways to optimize the webOS software.In October, HP ditched a plan to spin off its personal computers unit. The plan would have cost billions of dollars in expenses and lost business although the company has since rescinded the decision but i wonder what will happen to the best OS ever.

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