Mobile chipset-maker, Qualcomm has announced that it has acquired all patents related to the Palm, once a smartphone-maker, which was with HP (Hewlett-Packard) since 2010.
Qualcomm hasn’t disclosed the amount exchanged during the deal, but it revealed that it purchased 1,400 U.S. patents and more than 1,000 patents in foreign countries related to the mobile computing technology.
To enter into the mobile computing field, HP acquired smartphone and mobile operating system maker Palm for $1 billion in 2010 and tried to bring the Palm’s WebOS operating system to its smartphones and focused more on tablets. But the company’s efforts flopped and it begun to use the popular Android OS from Google and today also use the same Android OS along with Microsoft Windows and Windows Phone OS on its mobile devices. Still, California-based HP hasn’t revealed any smartphones, recently.
Meanwhile, we expect that, possibly, HP won’t get “that” $1 billion from the Qualcomm deal as the main part of the Palm deal, WebOS has been already sold to LG in 2013 and LG already launched the WebOS running Smart TVs at CES 2014 event. The main reasons to acquire Palm patents, may be, because of growing competition of holding huge catalog of patents among the top tech companies and to protect themselves from future lawsuits.
As Qualcomm already unveiled its smartwatch plans, it could also enter the smartphone market. Stay tuned for more updates on this story.
[ Source: Qualcomm ]