Google’s billion-dollar deal to acquire a part of HTC (along with a non-exclusive license for its intellectual property) is done. The two companies announced its completion tonight, and the details appear to be the same as originally announced. While the team behind the Pixel phones is joining Google, HTC says it will continue to make […]
Tag: $1.1
Google acquires HTC team in $1.1 billion agreement to beef up hardware division (GOOG, GOOGL)
Ramin Talaie/Stringer Google has signed a $ 1.1 billion dollar cooperation agreement with HTC, the technology company said in a statement on Thursday, after trading of HTC shares were halted on Taiwan’s stock exchange before the announcement. The move, first rumored earlier this month and then re-emerged this week, is the search giant’s latest attempt to juice up its […]
Google acquires HTC’s Pixel team for $1.1 billion
Rumors have been circulating in recent days that Google has been lining up a bid for HTC — either the entire company, or just its mobile devices unit. Today, Google officially showed its hand: certain HTC employees, including many who are working on Pixel smartphones, will join the Alphabet company. In return, HTC will receive […]
Google Paid HTC $1.1 Billion To Turn Itself Into a Phone Maker
It’s not quite an acquisition, but Google’s agreement with HTC fast-tracks its efforts to take over the gadget world. https://media.wired.com/photos/59c2c6362facf25f0d0c4f58/master/pass/googlehtc-FA.jpg Feed: All Latest
Google acquires HTC team in $1.1 billion agreement to beef up hardware division (GOOG, GOOGL)
Ramin Talaie/Stringer Google has signed a $ 1.1 billion dollar cooperation agreement with HTC, the technology company said in a statement on Thursday, after trading of HTC shares were halted on Taiwan’s stock exchange before the announcement. The move, first rumored earlier this month and then re-emerged this week, is the search giant’s latest attempt to juice up its […]
Google is buying HTC’s Pixel team for $1.1 billion
After weeks (months, and years) of speculation, HTC has announced that its “Powered by HTC” R&D division — the team behind Google’s Pixel and Pixel XL smartphones — will be purchased by Google for $ 1.1 billion in cash. According to HTC’s CFO Peter Shen, this will mean about half — yes, half — of […]
Google is acquiring HTC for $1.1 billion (GOOG, GOOGL)
Ramin Talaie/Stringer Google has signed a $ 1.1 billion dollar cooperation agreement with HTC, the technology company said in a statement on Thursday, after trading of HTC shares were halted on Taiwan’s stock exchange before the announcement. The move, first rumoured earlier this month and then re-emerged this week, is the search giant’s latest attempt to juice up its […]