LG acquires webOS from HP, plans to make use of it in sensible TV platform (up to date)

LG acquires webOS from HP, plans to use it in smart TV platform (updated)

This is a wild one — webOS has been revived, and the suitor might shock you. LG has reportedly lifted the troubled webOS unit from HP’s arms, however as an alternative of utilizing it in future smartphones or tablets, it is planning to inject the working system throughout its sensible TV portfolio — lastly including a layer of fact to a rumor we first noticed in October of final yr. The deal consists of the supply code for webOS, “associated documentation, engineering expertise, and associated webOS web sites.” Furthermore, LG’s procuring HP licenses to be used with its webOS wares, to not point out patents that HP had initially gained from Palm. Not surprisingly, dollars and cents aren’t being publicly mentioned, however we’ll make sure you clue you in on any extra specifics as we get them.

Replace: The official PR has appeared, and could be discovered after the break. It does not bathe us with additional information, however followers of Open webOS and Enyo ought to know that LG is assuming “stewardship” of those tasks as a part of the HP deal.

Present full PR textual content

LG Electronics Acquires webOS from HP to Improve Sensible TV

LG to License HP IP, Combine webOS Know-how into Subsequent-Era Units

SEOUL, Korea, and PALO ALTO, Calif., Feb. 25, 2013 – LG Electronics Inc. has acquired the webOS working system know-how from HP, the businesses introduced as we speak.

To help its subsequent-era Sensible TV know-how, LG has entered right into a definitive settlement with HP to accumulate the supply code, related documentation, engineering expertise and associated web sites related to webOS. As a part of the transaction, LG additionally will obtain licenses beneath HP’s mental property (IP) to be used with its webOS merchandise, together with patents acquired from Palm masking elementary working system and consumer interface applied sciences now in broad use throughout the business.

At this time’s announcement paves the best way for continued innovation on the webOS platform and on LG’s roadmap of revolutionary options for a few years to return, whereas permitting HP to focus its assets on strategic enterprise alternatives corresponding to cloud computing.

“This groundbreaking improvement demonstrates LG’s dedication to investing in expertise and analysis in Silicon Valley, one of many world’s innovation hotbeds. It creates a brand new path for LG to supply an intuitive consumer expertise and Web providers throughout a variety of shopper electronics units,” stated Skott Ahn, president and chief know-how officer, LG Electronics Inc. “The open and clear webOS know-how presents a compelling consumer expertise that, when mixed with our personal know-how, will pave the best way for future improvements utilizing the newest Net applied sciences.”

Ahn defined that LG Electronics’ funding in webOS know-how and its acquisition of the innovation workforce’s R&D capabilities are anticipated to increase LG’s management in bringing Web providers on to shopper electronics units. “Built-in with LG, this staff would be the coronary heart and soul of the brand new LG Silicon Valley Lab, targeted on bringing progressive know-how options to market via the preferred platforms for sharing and consuming content material and experiences,” he stated. With the transaction, LG will add the Sunnyvale and San Francisco websites to its international R&D places, along with its present U.S. websites in San Jose and Chicago.

Additionally underneath the settlement:

· LG will assume stewardship of the open supply tasks of Open WebOS and Enyo.

· HP will retain possession of all of Palm’s cloud computing belongings, together with supply code, expertise, infrastructure and contracts.

· HP will proceed to help Palm customers.

“WebOS and its related group ship market main platforms for the subsequent era of related units. We’re always on the lookout for alternatives to speed up the supply of this platform from the group,” stated Invoice Veghte, HP’s chief working officer. “LG’s monitor document of innovation and broad distribution offers this chance, whereas enabling HP to speed up our Cloud efforts. Particularly, with the cloud belongings that may stay with HP, we’ll give attention to delivering progressive options that may allow our enterprise clients to mobilize their workforce.”

HP and LG don’t anticipate this transaction to have a cloth influence on both firm’s monetary statements. Phrases weren’t disclosed.

 Cover Feedback zeroFeedback

Featured Tales
Examine Your Devices

LG acquires webOS from HP, plans to use it in smart TV platform (updated)

Immediately examine merchandise aspect by aspect and see which one is greatest for you!

Attempt it now →