Qualcomm Buys Palm Patent Portfolio From HP

San Diego-based Qualcomm said late Thursday that it has acquired a huge stash of patents from HP, covering patents from Palm, IPAQ, and Bitfone. According to Qualcomm, it acquired approximately 1,000 granted patents and pending patent applications from Hewlett-Packard Company, Hewlett-Packard Development Co LP and Palm Inc., including technology covering "fundamental" mobile operating system techniques. Financial details of the deal were not announced, and Qualcomm did not say what it intends to do with the patent portfolio.