Monday, November 14, 2011

Breaking news: HP is negotiating the sale of its webOS platform to Amazon.

World Wide Tech & Science. Francisco De Jesús.

Hewlett-Packard is negotiating the sale of its webOS platform to Amazon.

And according to a source who claims to know what's going on.

Amazon is reportedly now examining the patents that HP acquired when it bought webOS last year as part of its $1.2 billion purchase of Palm.

HP CEO Meg Whitman told staff Tuesday that no decision would be made about the fate of webOS for another three or four weeks. Amazon's patent examination would explain the delay. 

It might also suggests that Amazon could walk away if it doesn't like what it finds or if financial terms can't be reached. 

It is believed that Amazon wants webOS as an alternative to Android.

Something to remember that former Palm CEO Jon Rubinstein, now in a vague product innovation role at HP, is on Amazon's board.

Byte said the portfolio was valued at $1.4 billion last year but Reuters was told by one of its sources that webOS wouldn't fetch a high price at auction.

Source: sys-con

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