October 21, 2014

HP to sell mobile patent portfolio, report says

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HP is looking to sell some of its mobile patent portfolio, reports a Bloomberg source “with direct knowledge of the matter”. The patents figure to include those related to WebOS, the operating system that Hewlett-Packard bought back in 2010.

It’s unclear what HP might be asking for the intellectual property however it’s said that the company has removed some of the more restrictive conditions. The idea, of course, is to drive up the value and garner a higher cost. When asked about the rumors. HP had only this to say: “We don’t comment on rumor and speculation”.

As we’ve seen over the last few years, patents have become highly coveted in the mobile space. Given the HP patents could include things from back in the Palm days we might expect that all key players are interested in taking a look.

Bloomberg