LG reportedly hedges Android bet with webOS acquisition

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LG WebOS Acquisition

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Try though it might, Hewlett-Packard (HPQ) just can’t seem to kill Palm’s legacy. With Samsung (005930) dominating the Android market and Google (GOOG) getting ready to finally make serious use of its $12.5 billion Motorola buy, LG (066570) is seemingly looking to hedge its Android bet. CNET on Monday confirmed that LG has acquired the webOS source code along with ”related documentation, engineering talent, and related webOS websites” from HP. The vendor reportedly only has plans to use the operating system on smart TVs, but as we’ve learned numerous times in the past, nothing is set in stone when it comes to webOS.

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