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Tuesday, September 26, 2017

Google Bought HTC's Smartphone Division for $1.1 Billion


Google has finally made it official with the long-rumored purchase from HTC regarding their smartphone division. Both companies have confirmed that the search giant is spending $1.1 billion on HTC's smartphone engineering and patents as well. However, this deal still allows HTC to continue the smartphone path if they choose to, which they are, and scheduled to launch a new smartphone in the near future.

HTC worked for Google's Nexus phones couple years ago and again on this year's Pixel 2. Even though HTC VIVE, their VR division, wasn't part of Google's purchase, but some untrusted rumors suggest that HTC is looking for protentional buyers. I personally think that's totally NOT true, HTC wouldn't and shouldn't give up on VIVE due to their dominance in high-end VR market.

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