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."
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