Google acquires HTC team in $1.1 billion agreement to beef up hardware division (GOOG, GOOGL)
|09/21/2017||Posted by BusinessMediaguide.Com under General World News||
Google has signed a $1.1 billion dollar cooperation agreement with HTC, the technology company said in a statement on Thursday, after trading of HTC shares were halted on Taiwan’s stock exchange before the announcement.
Google hardware exec Rick Osterloh said in a statement: “With this agreement, a team of HTC talent will join Google as part of the hardware organization.”
“These future fellow Googlers are amazing folks we’ve already been working with closely on read more >>>