In addition, HP reported that it plans to announce that it will discontinue operations for webOS devices, specifically the TouchPad and webOS phones. HP will continue to explore options to optimize the value of webOS software going forward.

via HP Confirms Discussions with Autonomy Corporation plc Regarding Possible Business Combination; Makes Other Announcements | Business Wire.

WebOS IMHO was the best smartphone OS there was, which never got the marketing push or hardware it deserved.