Google Buying HTC’s Pixel Team for $1.1 Billion
VRScout
SEPTEMBER 20, 2017
HTC retains brand but lets part of their smartphone business go. Google has announced a $1.1 billion cooperation agreement under which certain HTC employees – many of whom are already working with Google to develop Pixel smartphones – will join Google. Leading into today’s news, shares of HTC were halted on the Taiwan Stock Exchange pending this Wednesday night announcement.
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