Beats Electronics likely to buy out HTC’s stake

Beats Electronics, popular for Beats audio by Dr. Dre is looking to buy out its Asian partner HTC and bring in a new investor, according to a recent report from the Wall Street Journal. Beats partnered with HTC back in August 2011, in which HTC invested $300 million for a 50.1% majority stake in Beats Electronics. HTC started launching devices with Beats audio branding starting from October 2011. Continue reading “Beats Electronics likely to buy out HTC’s stake”