Tuesday, January 30, 2018
Google completes its $1.1B deal to buy a chunk of HTC’s smartphone division
Google has announced the completion of its $1.1 billion deal to buy a large slice of HTC’s hardware business. The acquisition was announced back in September 2017 but now it has passed the requisite approvals and is finalized. Beyond the transfer of over 2,000 engineers from HTC — that’s around one-fifth of HTC’s engineering team — Google will also receive a non-exclusive license for HTC’s
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