Thursday, September 21, 2017

Google Purchases HTC’s Pixel Division for $1.1 Billion

Google today announced that it will acquire part of HTC’s mobile division in a deal that’s worth $1.1 billion. Under terms of the agreement “a team of HTC talent” will join Google’s hardware organization. The HTC employees moving to Google worked as part of the “Powered by HTC” unit that developed the Google Pixel and Pixel XL smartphones. Google also gained a non-exclusive license for HTC

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