LG, HP Confirm Deal for webOS
February 25, 2013 at 13:11 PM EST
LG Electronics Inc. has acquired the webOS operating system technology from HP (NYSE: HPQ ), the companies announced today. To support its next-generation Smart TV technology, LG has entered into a definitive agreement with HP to acquire the source code, associated documentation, engineering talent and related websites associated with webOS. As part of the transaction,