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HP has agreed to sell the rights to its WebOS mobile operating system to LG in what the companies hope will be a rebirth for the platform on connected devices.



From V3:
The company said that the deal, the terms of which were not disclosed, will give LG control over the WebOS software platform along with the Open WebOS and Enyo projects. HP, meanwhile, will retain ownership of WebOS cloud-based efforts.

LG said that it plans to use the platform to power its next generations of connected devices. The company said that WebOS could run on devices including smart TV sets and other consumer electronics hardware.

In addition to gaining access to the WebOS source code and documentation, LG said that it would be taking on the engineering and development staff from the project.
  LG strikes deal to buy WebOS from HP