22 Sep '17, 4pm

Google buys HTC’s Pixel team for USD1.1 billion; HTC continues to make own phones https://t.co/fKZQslR7Qm

Google buys HTC’s Pixel team for USD1.1 billion; HTC continues to make own phones https://t.co/fKZQslR7Qm

It looks like Google is giving the device hardware business another go. As reported a day ago, there was speculation about HTC’s future , with the Taiwanese company suspending trading its shares on the TWSE. Well, the rumours have been laid to rest. Google is “buying” HTC, but the extent of the deal isn’t as originally expected. In a blog post , Rick Osterloh, senior vice president of hardware at Google said, “Our team’s goal is to offer the best Google experience–across hardware, software and services–to people around the world.” Osterloh revealed that Google has signed an agreement with HTC, where a team of HTC talent will join Google’s hardware business. These are people who worked on the Pixel smartphone line, apparently 2,000-strong. This drains HTC’s research and design staffers down from 4,000 currently. The acquisition is worth USD1.1 billion and is expected to be ...

Full article: https://vernonchan.com/2017/09/google-buys-htc-pixel-team...

Tweets

Google Buys HTC's Pixel Team for $1.1 Billion USD

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