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HP sells 2,400 mobile patents to Qualcomm

Hewlett-Packard announced on Thursday that it sold a block of old mobile technology patents to wireless chip company Qualcomm.

Financial terms haven't been disclosed, but the sale includes a batch of 1,400 patents and applications for some still pending in the U.S. and another 1,000 patents and applications from other countries.

Click here to read the full report from Recode.

By Arik Hesseldahl, recode.net.

CNBC's parent NBC Universal is an investor in re/code's parent Revere Digital, and the companies have a content-sharing arrangement.