Ever since HP announced the death of webOS hardware, people wondered about what HP was going to do with the operating system. There have been rumors of HP pondering about selling the operating system to interested buyers, and now it looks like those stories might be coming true. Today, Reuters reported that HP has enlisted the help of Bank of America Merril Lynch to determine whether selling or keeping webOS would be better for the company financially.
HP spent $1.2 billion on purchasing webOS from Palm last year and while they don’t expect to make back that amount of money, the eventual sale of webOS could possibly bring in “hundreds of millions of dollars” back to the company. In addition, there’s been a new rumor of a new company interested in purchasing the operating system: Oracle; which is interesting because HP’s ex-CEO, Mark Hurd, currently serves as co-president. Doesn’t that remind you of Stephen Elop leaving Microsoft for Nokia and then getting the company to create Windows Phone devices? What do you think of HP selling off webOS – is it the right thing for the company to do?
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