Google, HTC sign $1.1B USD cooperation agreement to boost Google’s hardware game
https://techcrunch.com/2017/09/20/google-htc-sign-1-1b-usd-cooperation-agreement-to-boost-googles-hardware-game/
Google and HTC have entered into an agreement where certain HTC employees will join Google. As part of the transaction, HTC will receive $1.1B USD in cash from Google. Google will also receive non-exclusive license for HTC’s intellectual property. HTC says many of the employees worked with Google to develop the Pixel smartphones.
This is seemingly part of the search giant’s new hardware strategy, which is why it ended up acquiring part of another smartphone maker despite having previously acquired and then divested itself of Motorola’s mobile business.
Google, HTC sign $1.1B USD cooperation agreement to boost Google’s hardware game
Sep 21, 2017, 3:22am UTC
https://techcrunch.com/2017/09/20/google-htc-sign-1-1b-usd-cooperation-agreement-to-boost-googles-hardware-game/
>Google and HTC have entered into an agreement where certain HTC employees will join Google. As part of the transaction, HTC will receive $1.1B USD in cash from Google. Google will also receive non-exclusive license for HTC’s intellectual property. HTC says many of the employees worked with Google to develop the Pixel smartphones.
>This is seemingly part of the search giant’s new hardware strategy, which is why it ended up acquiring part of another smartphone maker despite having previously acquired and then divested itself of Motorola’s mobile business.