Google Acquires HTC’s “Team and Talent” for US$1.1 Billion
Alphabet’s Google and Taiwan’s HTC have signed a “Cooperation Agreement” of $1.1 billion. The deal is to expand Google smartphone business. The company (Goog) will not be acquiring a stake in HTC, at this point. HTC’s Team and Talent (those people who worked on Pixel and Pixel XL smartphones) would be joining Alphabet’s Google. HTC was, for the most past,