HP to spin off webOS division into a new company called Gram

After a long an unsuccessful year with webOS and HP's decision to open source the mobile operating system, it looks like the company is looking to spin off their webOS division altogether.

The new company will be named Gram and will look to leverage the 'core strengths' of webOS and cloud computing. Gram's focus will be on software, user experience, Cloud computing, engineering and partnering.

This information was leaked through internal HP memos which suggest that Gram has already entered 'Stealth Mode', which is common to new start-ups in order to avoid being bought out by large competitors.

What does Gram have in store for us? Will they continue to build on webOS once the first open source build  is publicly available? We will have to wait and see. But stay tuned to our blog by following us on Facebook or Twitter for updates.

source - WebOS Nation