HP, a company known for their computers and printing solutions, have attempted to enter the mobile space in the past through smartphones and tablets, although safe to say that their efforts did not pay off. In a bid to bolster the company’s financial position, HP’s CEO, Meg Whitman, has been reported to be looking for buyers of some of its mobile-related patents. As it stands these negotiations are reportedly private which is why HP is unable to comment or confirm the reports. According to anonymous sources, the patents in question are related to WebOS which HP had bought from Palm several years ago.
It’s interesting given that WebOS was sold to LG not too long ago, but perhaps there are still some patents left that LG did not acquire. In an effort to make the patents more attractive to potential buyers, HP has also reportedly removed certain restrictive conditions that will hopefully amp up its appeal. We’re not sure if this means that HP plans to exit the mobile market since we’re guessing that they will require these patents, or at least some of it, to proceed, but according to a HP spokesman, “We don’t comment on rumor and speculation.”