Heavy news: Google $1 billion 100 million acquisition of HTC assets

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Heavy news: Google $1 billion 100 million acquisition of HTC assets

Heavy news: Google $1 billion 100 million acquisition of HTC assets

Recently, HTC will be sold to Google rumors finally settled. According to Taiwan media reports, HTC released blockbuster news today on the Taiwan stock exchange, said HTC has reached an agreement with Google, Google will build Pixel mobile phone solicitation before participating in the HTC team and related personnel to join Google, and buy the HTC related assets, HTC will be part of the assets of the non exclusive right granted to Google, the total value of the transaction the $1 billion 100 million deal is expected to be completed in early 2018.
HTC said that the transaction will help HTC continue to develop its own brand mobile phone strategy, focusing on quality, enhance operational efficiency and financial flexibility. HTC will then adjust and configure the industrial layout and operating specifications accordingly.
For Google, the deal will further strengthen its investment in intelligent mobile phone and hardware products, which not only won the outstanding and experienced professional team, also won the intellectual property license, which will promote the development of the intelligent mobile phone products.
HTC will sell some of its assets to Google, and for now, HTC should still have the opportunity to develop its own branded mobile phone business. As far as the details are concerned, HTC will hold a press conference at noon.

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