HP was the current owner of the patent portfolio, and the figure of the sale is undisclosed.
Qualcomm will use the 1400 US patents and 1000 foreign patents to strengthen their mobile computing technology, says the company.
In 2010, HP acquired Palm and its patents for $1 billion, in an effort to get into the tablet and smartphone market. HP failed to make any headway, and bowed out of the industry until just recently when they began selling Android-based tablets.
iPAQ patents include those related to the Pocket PC and personal digital assistants unveiled at the turn of the century by Compaq, which was eventually purchased by HP.
Written by: Andre Yoskowitz @ 23 Jan 2014 23:12