LG Acquires WebOS Source Code and Patents From HP
An anonymous reader writes "LG is set to breathe new life into the webOS platform after the company announced today that it has acquired the software and its intellectual property from HP. The news comes after HP abandoned webOS device and software development in August 2011, then open-sourced the platform so that developers might be able to salvage something from the software that was widely acclaimed, despite the lack of smartphone and tablet sales which it powered. LG now claims complete ownership of the webOS source code, its documentation and webOS websites. It has obtained HP licenses, as well as the patents that Palm transferred to its owner when it was acquired in 2010."
HP must be breathing a sigh of relief. I hope LG didn't pay much, because they'll now need to hoard every penny they find.
if this is supposed to be a new economy, how come they still want my old fashioned money?
Because they own it.
I could release Whizbang 1.0, have it flop then GPL Whizbang 1.5. When LG comes knocking I sell them Whizbang and all associated marks. That does not mean Whizbang 1.5 is no longer GPL, just that new versions are not going to be.
Next week HP will be announcing their acquisition of LG, in order to secure ownership of WebOS which they will see as a vital part of their future growth plans.
They don't have to revoke anything. They have copyright.
I own copyright on book X.
I license A to produce 200 copies for resale
I license B to make a made for TV movie with unlimited distribution and I get a cut.
A can't use B's license and B can't use A's license.
Copyright holders can release things on as many licenses as they want.
The rumor I heard was that they were going to use it in their TVs.
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