Original Link: http://thenextweb.com/asia/2013/02/25/lg-acquires-webos-source-code-and-patents-from-hp-will-live-on-in-new-smart-tvs

LG acquires webOS > 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.

LG plans to use the OS for its smart TVs.