Home Business Tech Business : Google to buy HTC ?

Tech Business : Google to buy HTC ?

6 min read

Google is reportedly in the final stages of buying all or part of HTC. The smartphone maker is maker, HTC has been bleeding financially since 2011 and Google is said to to launching a takeover. It’s rumored that this acquisition by the tech giant is to boost production of their Pixel and Pixel 2 flagship phones

According to a report sited earlier this week, Google  is already tapping HTCs expertise to make its Pixel and Pixel 2 phones, is apparently interested in HTC’s suffering  mobile division, and reports say that the parties are in the final stage of negotiations for a Google takeover.

HTC is yet to confirm or deny this deal but other reports suggests that purchase could be done by the end of the year.

Image Credit : TechSpot

This is not the first time Google is said to have  purchased a mobile phone manufacturer. Google in 2012 purchased Motorola for $12.5 billion.

At the time, we thought that it’ll help Google manufacture better Nexus devices, but Google never merged the Android and Motorola teams, choosing to treat Motorola just like any other Android device maker.The whole thing turned out to be a financial disaster for Google, which ended up selling Motorola to Lenovo only two years later, for less than $3 billion.

Credit: bgr

Related Content :  What is a Tax Payer Identification Number (TIN) and Why Do You Need One in Ghana (Individual / Business)
Load More Related Articles

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Check Also

Tony Elumelu Foundation to Hosts African Entrepreneurs at it’s 5th Annual Entrepreneurship Forum in July in Abuja

” Presidentsof Rwanda and Senegal to Join Over 5,000 African Entrepreneurs at TEF in…