Google "bought" HTC for $ 1.1 billion

http://www.b92.net/tehnopolis/vesti.php?yyyy=2017&mm=09&nav_id=1305962

Google has partnered with HTC for a $ 1.1 billion deal with a part of the workforce of the Taiwanese company.
Source: Thursday, September 21, 2017 | 11:39 -> 11:55

In addition to a number of employees, Google will now have, through a non-exclusive licensing agreement, also available HTC's intellectual property to develop Pixel smartphones, using patents for the production and design of future Pixel smartphones.

Part of HTC's team, already working on the Pixel smartphone, will continue to produce Pixel devices with the Google team.

"HTC has been a long-standing partner of the company and has created some of the most beautiful premium devices on the market. We are excited and we are eagerly waiting for HTC team members to join Google in order to contribute to creating innovations for the future development of products in consumer hardware. a joint team, "said Rick Osterloh, president of the Google Hardware Department.

The transaction period, which is currently the subject of regulatory procedures, should be completed in early 2018.

HTC has announced that it will continue to work on its own products, including flegsip devices.

HTC will also continue to work on the development of a VIV ecosystem of virtual reality, simultaneously investing in other new generation technologies, including Internet of things, virtual reality and artificial intelligence.

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