Back in September last year, Google officially confirmed that it has signed a deal with HTC to acquire team of HTC talent for US$1.1 billion in cash and said that transaction is expected to close by early 2018 after approvals. Today Google has confirmed that it has officially closed the deal.
After rumors, Google has officially announced that it has signed an agreement with HTC to acquire team of HTC talent for US$1.1 billion in cash. This includes some of whom have already been working on the Pixel smartphone line. The deal also includes a non-exclusive license for HTC intellectual property to support the Pixel smartphone family.
Continue reading “Google to buy part of HTC’s smartphone team for $1.1 Billion”
