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Hp Is Said To Hold A Mass Meeting Today On Deciding The Outlet Of Webos

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By Author: elizabeth
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According the report of Theverge website, well-informed sources of various circles revealed that, multi-sources, HP planed to convene a fully meeting in the evening of local time in the United States. The meeting will be led by the CEO of HP Whitman, who is expected to announce a decision on the webOS software.

Reuters reported yesterday that according to the statement of four sources, HP was looking for a platform to sell webOS mobile operating system and the transaction may be hundreds of millions of dollars, which is less than HP's purchase price of $ 1.2 billion in that year.

Bank of America Merrill Lynch provides consultancy services for Hewlett-Packard, HP would like to try to recover the Palm investment. Many observers and analysts believed that the cost for HP to enter the smart phone market through the acquisition was expensive and had not got returns.

The sources said that some technology companies were interested in acquiring webOS sector, mainly because they had their eye on the patents. Sources in the industry also revealed that Amazon, RIM, IBM, Oracle, and Intel were considered to be the companies ...
... that are interested in acquiring.

In 2010, HP acquired Palm, and then won the webOS. Later, because of the difficulty in the TouchPad sales, Hewlett-Packard cut products, resulting in reported risk of webOS.

The spokesman of Hewlett-Packard said: “We are looking for ways to optimize webOS software.” But he declined further comment.

Recently, Hewlett-Packard CEO Whitman said during an interview, Hewlett-Packard is considering the future of software, including whether it should create a new webOS tablet. Whitman said at that time: “The question in front of us is how to deal with webOS software and whether we should launch webOS devices. Obviously it is not the same equipment as the past, but the 2.0 version.”

A source revealed that the auction price will not be marked very high, because there is no big investment in webOS. The source said: “It will not be a strong auction.”

Last August, Hewlett-Packard decided to acquire Palm at a price of 1.2 billion to reach the white-hot mobile market. HP then clearly knew that Palm had a lot of patent assets.

An insider familiar with the acquisition said that HP bought Palm mostly for the sake of patent value and tablet is not an important strategic direction. webOS patent can be used to defend patent litigation.


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