HP WebOS Source Code under an Open Sourced

Hewlett-Packard has announced the Open Source Project on webOS. The code will be available under an open source license but it seems that it is yet to be finalized what license will be used.
WebOS may be more clever that we esteem. The Linux-based OS with a rocky history has officially risen from the ashes of HP’s TouchPad bungle to be reborn as an open source project.
Various versions of WebOS have been featured on several devices, including Pre, Pixi, and Veer phones and the HP TouchPad tablet.
From Press Release:
HP today announced it will contribute the webOS software to the open source community.
HP plans to continue to be active in the development and support of webOS. By combining the innovative webOS platform with the development power of the open source community, there is the opportunity to significantly improve applications and web services for the next generation of devices.
webOS offers a number of benefits to the entire ecosystem of web applications. For developers, applications can be easily built using standard web technologies. In addition, its single integrated stack offers multiplatform portability. For device manufacturers, it provides a single web-centric platform to run across multiple devices. As a result, the end user benefits from a fast, immersive user experience.
“webOS is the only platform designed from the ground up to be mobile, cloud-connected and scalable,” said Meg Whitman, HP president and chief executive officer. “By contributing this innovation, HP unleashes the creativity of the open source community to advance a new generation of applications and devices.”
HP will make the underlying code of webOS available under an open source license. Developers, partners, HP engineers and other hardware manufacturers can deliver ongoing enhancements and new versions into the marketplace.
HP will engage the open source community to help define the charter of the open source project under a set of operating principles.
The goal of the project is to accelerate the open development of the webOS platform:
HP will be an active participant and investor in the project
Good, transparent and inclusive governance to avoid fragmentation
Software will be provided as a pure open source project
WebOS may be more clever that we esteem. The Linux-based OS with a rocky history has officially risen from the ashes of HP’s TouchPad bungle to be reborn as an open source project.
Various versions of WebOS have been featured on several devices, including Pre, Pixi, and Veer phones and the HP TouchPad tablet.
From Press Release:
HP today announced it will contribute the webOS software to the open source community.
HP plans to continue to be active in the development and support of webOS. By combining the innovative webOS platform with the development power of the open source community, there is the opportunity to significantly improve applications and web services for the next generation of devices.
webOS offers a number of benefits to the entire ecosystem of web applications. For developers, applications can be easily built using standard web technologies. In addition, its single integrated stack offers multiplatform portability. For device manufacturers, it provides a single web-centric platform to run across multiple devices. As a result, the end user benefits from a fast, immersive user experience.
“webOS is the only platform designed from the ground up to be mobile, cloud-connected and scalable,” said Meg Whitman, HP president and chief executive officer. “By contributing this innovation, HP unleashes the creativity of the open source community to advance a new generation of applications and devices.”
HP will make the underlying code of webOS available under an open source license. Developers, partners, HP engineers and other hardware manufacturers can deliver ongoing enhancements and new versions into the marketplace.
HP will engage the open source community to help define the charter of the open source project under a set of operating principles.
The goal of the project is to accelerate the open development of the webOS platform:
HP will be an active participant and investor in the project
Good, transparent and inclusive governance to avoid fragmentation
Software will be provided as a pure open source project