Monday, November 7, 2011

HP now considering sale of webOS?

It looks like HP just can not let the failure of its Palm acquisition go. Word is that HP is seeking advise from Bank of America Merrill Lynch whether or not to sell the webOS unit. HP paid 1.2 Billion dollars in 2010 for the OS from Palm. They had used the OS in the failed Touchpad product. Some analysts say that HP could get anywhere in the hundreds of millions of dollars range. A far cry from what they paid for the OS but at this point HP should try to get all they can back on there failed experiment.

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