The Operating System Platform That Just Won’t Die: Intel Corporation (INTC) and More

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Those rumors were a year and a half ago, and talk of anyone acquiring webOS had died down in recent times. At least LG probably didn’t have rival bidders to compete with and is likely paying very little for webOS, although no financial terms have been disclosed yet. HP had written down the carrying value of its intangible assets and goodwill related to Palm to just $273 million at the time. HP is keeping all of the patents related to Palm and webOS and LG is merely licensing them.

Can LG give webOS a good home?

The article The Operating System Platform That Just Won’t Die originally appeared on Fool.com and is written by Evan Niu, CFA.

Fool contributor Evan Niu, CFA, owns shares of Verizon Communications (NYSE:VZ). The Motley Fool recommends Amazon.com, Google, and Intel. The Motley Fool owns shares of Amazon.com, Google, Intel, International Business (NYSE:IBM) Machines, and Oracle.

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