Google closes $1.1 billion deal for HTC Smartphone Division
The $1.1 billion deal between Google and HTC to acquire the smartphone business from the Taiwanese company’s division has finally been finalized. “I’m delighted that we’ve officially closed our deal with HTC, and are welcoming an incredibly talented team to work on even better and more innovative products in the years to come,” Rick Osterloh, Google’s senior VP of hardware, wrote in a blog post.
“These new colleagues bring decades of experience achieving a series of “firsts” particularly in the smartphone industry—including bringing to market the first 3G smartphone in 2005, the first touch-centric phone in 2007, and the first all-metal unibody phone in 2013,” Osterloh added.
As a result of the deal, more than 2000 HTC engineers will join Google. They will continue to work in Taiwan, which will make Taipei the largest Google base in the Asia-Pacific region. The deal don’t affect VR’s sub-divisions and subcontractors, but much of the design and development of smartphones is no longer part of the company.
The first major step will be to create its own SoC – the main processor in smartphones that combines computing and graphics power. Apple is currently integrating its own chips while most Android manufacturers rely on Qualcomm and MediaTek. Post from: GizBrainhttp://szlifestyle.com/sz/2018/01/31/google-closes-1-billion-deal-htc-smartphone-division/https://i1.wp.com/szlifestyle.com/sz/wp-content/uploads/2018/01/htc.jpg?fit=1200%2C658https://i1.wp.com/szlifestyle.com/sz/wp-content/uploads/2018/01/htc.jpg?resize=180%2C150GOOGLEHTCTECH NEWSGoogle,htc,smartphoneThe $1.1 billion deal between Google and HTC to acquire the smartphone business from the Taiwanese company's division has finally been finalized. “I’m delighted that we’ve officially closed our deal with HTC, and are welcoming an incredibly talented team to work on even better and more innovative products in the...Jessy NiteJessy Nitejessy.email@example.comContributorHi Jessy here I like to read and write about tech and gadgets let's have some fun here.szlifestyle.com Tech News, Life Style, Reviews, Videos!