The company is hanging on to the mobile operating system, according to multiple sources, but will submit it to the open source community. HP plans to make the source code available to software developers under an open source arrangement, which will give other hardware manufacturers the ability to work with it.

via HP Is Keeping webOS, but Veer-Sizing It as Open Source Project – Ina Fried and Arik Hesseldahl – Mobile – AllThingsD.