HP already has a hold of this pile. I wouldn't just assume that because they're exiting the hardware business they have no (future) need for that portfolio. Heck, if anything, they'll have to hold on to those if they hope to license webOS to other handset makers (the latest rumor).
It is hard to imagine why they will sit on the Palm portfolio without hardware business considering their new focus is to become IBM/SAP like - enterprisey. IBM for e.g. sold 1000 patents to Google short while ago.
And besides, I am not certain webOS licensing is going to go very far. We will see..
There's definitely a lot of strategy being reviewed inside HP right now. They have a number of options available to them, some of which include licensing the entire platform, or even specific patents. Having paid $1.2bn for Palm, and having observed two large patent portfolios sell for a number that is 10x that, I'd imagine that there is at least some consideration being given to exiting while the market for mobile patents is hot. Licensing is a much longer play, but it's also fraught with the risk of having to enforce the portfolio with litigation, not to mention the threat of patent reform.
