Friday, November 11, 2011

HP Buys More Time to Determine the Future of WebOS (Mashable)

HP CEO Meg Whitman has told employees that the company still hasn't decided what to do with webOS, the mobile operating system it gained from its acquisition of Palm. On Tuesday, Whitman held an all-hands meeting of HP employees to deliver the "news" that the company will be making its decision on webOS in the next few weeks. If HP decides to keep the division, she claims that the company is "going to do it in a very significant way over a multi-year period," reports The Verge. A source confirms that HP didn't announce a decision at the meeting.

[More from Mashable: HP Announces It?ll Stay in the Tablet Business, One Way or Another]

HP acquired Palm for $1.2 billion last year in an attempt to become more relevant in an increasingly mobile world. The company doubled down on its investment with the HP TouchPad and the Palm Pre 3. However, both devices underperformed and former HP CEO L?o Apotheker decided to shut down the division.

After a series of missteps, Apotheker was forced out and replaced with former eBay CEO Meg Whitman, who quickly announced that the company would reevaluate the decision of whether to sell webOS.

[More from Mashable: Amazon Looking to Buy Palm [REPORT]]

The meeting seems designed to buy HP more time to shop Palm's assets around. If HP can find a suitor that is willing to pay the price it wants, then the company will sell the division. If nobody is willing to do that, then Whitman seems to be prepared to give webOS and the TouchPad a second chance. She told employees at the meeting that the company would focus on tablets instead of smartphones if it decides to keep webOS.

This story originally published on Mashable here.

Source: http://us.rd.yahoo.com/dailynews/rss/tech/*http%3A//news.yahoo.com/s/mashable/20111109/tc_mashable/hp_buys_more_time_to_determine_the_future_of_webos

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