Deals
Google Buys HTC Talent for $1.1 Billion to Spur Devices Push
- Search giant gets more control of phone hardware and software
- Smartphone business has changed since first forays into mobile
Google Is Said to Eye HTC Assets
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Google agreed to buy part of HTC Corp.’s engineering and design teams for $1.1 billion, taking on a cadre of veterans that worked on the Pixel phone and could bolster its nascent hardware business.
Alphabet Inc.’s Google is taking on some 2,000 employees with experience working on its signature Pixel devices, intended to showcase the best features of the Android software that now power the vast majority of the world’s smartphones. The deal also comes with a non-exclusive licensing agreement for HTC intellectual property.