Qualcomm buys Palm patents from Hewlett-Packard

Jan 23 2014, 11:06pm CST | by

Qualcomm acquires Palm patents in undisclosed deal with Hewlett-Packard

SAN DIEGO (AP) — Cell-phone chip maker Qualcomm Inc. said Thursday it has acquired patents once owned by smartphone maker Palm Inc. from Hewlett-Packard for an undisclosed amount.

Qualcomm says the purchase covers 1,400 U.S. patents and about 1,000 more foreign patients for the company's mobile computing technology.

Hewlett-Packard Co. paid $1 billion for Palm in 2010 as part of its first foray into tablet computers and smartphones, which ran on Palm's operating system. The effort flopped and HP now sells tablets using Google Inc.'s Android and a recently introduced version of Microsoft Corp.'s Windows. Palo Alto, Calif.-based HP hasn't re-entered the smartphone market.

The Palm acquisition was one of three major purchases that have haunted HP, along with technology consulting service EDS and business software maker Autonomy. In November of 2012, Hewlett took an $8.8 billion writedown on the Autonomy acquisition, saying it was the victim of a multibillion-dollar fraud at the hands of the British company. Autonomy's former CEO said HP's allegations were false.

HP last year sold Palm's mobile operating system, webOS, to LG Electronics, which now implants the software in Internet-connected TVs.

Qualcomm didn't elaborate on its plans for the Palm patent portfolio. Big tech companies in recent years have been looking to expand their patent portfolios to help introduce new technology and protect themselves from lawsuits.

The San Diego company last year introduced a smartwatch called Toq to showcase the potential wearable devices that can connect to the Internet.

Source: AP Business

 
 
 

<a href="/latest_stories/all/all/31" rel="author">Associated Press</a>
The Associated Press (AP) is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers.

 

blog comments powered by Disqus

Latest stories

Amazon Changes Self Publishing Forever - Again
Amazon Changes Self Publishing Forever - Again
The self publishing haven will only pay when books are read.
 
 
Uber says "NO!" to Guns for Passengers and Drivers
Uber says "NO!" to Guns for Passengers and Drivers
The recent increase in gun violence led to the change, the hitch-a-ride giant says.
 
 
More Sony Leaks: What Couldn't the New Spiderman Be?
More Sony Leaks: What Couldn't the New Spiderman Be?
Private emails that were released show that executives at Sony didn't want a black or gay Spiderman.
 
 
Gap to Close 175 Stores Soon
Gap to Close 175 Stores Soon
The retail giant is experiencing a multitude of problems.