Google Acquires HTC Mobile Business Team Acquisition, $ 1.1 Billion Deal
Technology giant Google has bought the Taiwanese company’s HTC smartphone team. According to the company, Google has acquired HTC’s mobile division team for 1.1 billion dollars.
Google has been continuously working on its hardware division for some years and its best example is the Pixel and Pixel XL smartphone launched last year.
Google’s hardware head Rick Osterlow has said in an official blog post Googlers who work with us in the future (HTC team that is now Google) are the best people. We have been working together for a pixel smartphone even before
It is worth noting that this Google and HTC deal also includes a license of HTC’s Intellectual Property, which is not exclusive. Google and HTC have already been working together and Google’s first Nexus device was also made by HTC.
If you are wondering if HTC’s handset business will be closed just like Blackberry, then it is not so. Because the company has said clearly that HTC will continue to work with its brand even further. According to HTC CEO Sheer Wang’s statement, this agreement will ensure that we are further innovation in HTC Smartphones and Viva Virtual Reality Business.
Let me tell you that Google had planned to come into the mobile business earlier too. For this, the company bought Motorola Mobility in 2011 for approximately $ 12.5 billion and launched some smartphones. But later Motorola was sold again to Lenovo.
The smartphone industry will directly affect this deal of Google and HTC. This effect will look forward. Because HTC’s team of smartphones will now have Google and they can now compete with Samsung and Apple. Because of a report, Google, like Apple, is also preparing its own processor.
Google currently partners with other companies for its pixel smartphone and hardware makes the same companies. Talking about the processor, Google’s pixel smartphones have Qualcomm processors.
STAY TUNED FOR MORE UPDATES!