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Nairaland Forum / Science/Technology / Phones / Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership (12053 Views)
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Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by Nobody: 9:11pm On Sep 21, 2017 |
Google has bought part of HTC’s mobile phone division for $1.1bn (£820m), a return to hardware ownership for the company. The deal will see 2,000 HTC staff join the US internet giant and underlines Google’s broadening ambitions in smartphone production. Google develops the Android operating system used in more than 80pc of the world’s smartphones but largely relies on manufacturers like Samsung, Huawei and HTC itself to make and sell its phones, unlike Apple, which controls the design and development of both software and hardware. Last year it released the first Google-branded phone, the Pixel, which is manufactured by HTC, and is gearing up to release a new model next month, but having thousands of staff join the company will expand the venture. The Pixel has been well received but only produced in small quantities. Of the 2,000 staff moving from HTC, roughly about a fifth of its workforce, many are already working on the Pixel. Google is also acquiring a licence for HTC intellectual property. The Taiwanese group said it would continue to produce its own phones, including a new flagship device, as well as continuing its Vive virtual reality headset and investing in other technologies. Hanging over the deal will be the ghost of Motorola Mobility, the phone maker Google paid $12.5bn for in 2011. Motorola struggled under its ownership and it was sold to Lenovo for $2.9bn in 2014, retaining certain patents. Two other hardware companies, Nest and Dropcam, have also been seen as disappointments under Google ownership. “HTC has been a longtime partner and has created some of the most beautiful, high-end devices on the market,” Rick Osterloh, the head of Google’s hardware department, said. The Taiwanese company, whose shares had been suspended pending the announcement, was responsible for some of the first Android handsets capable of competing with the iPhone. But it failed to capitalise and as Samsung moved into the high-end of the market, HTC’s market share collapsed. Shares have fallen 95pc since 2011. The company’s chief executive Cher Wang said it still had a bright future. “We believe HTC is well positioned to maintain our rich legacy of innovation and realise the potential of a new generation of connected products and services,” she said. SOURCE: https://brandspurng.com/google-buys-htc-assets-in-1-1bn-return-to-mobile-phone-ownership/ 3 Likes 1 Share
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Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by Nobody: 9:22pm On Sep 21, 2017 |
Interesting |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by froz(m): 7:50am On Sep 22, 2017 |
Now lets see what Google owned HTC got to offer. 2 Likes |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by benueguy(m): 8:26am On Sep 22, 2017 |
Nice |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by maxiuc(m): 8:26am On Sep 22, 2017 |
Make Google come buy my grandpa's shrine it is lying idle ever since he died Amadioha might be starving The shrine has plenty oracle database in it For sale 53 Likes 2 Shares |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by Holyfield1(m): 8:26am On Sep 22, 2017 |
I see HTC being great again 1 Like |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by Jung(m): 8:27am On Sep 22, 2017 |
Zyx |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by nNEOo(m): 8:28am On Sep 22, 2017 |
Wonderful I love Google n HTC but with that kinda combo?.....only God knows where my money will be going 3 Likes |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by frinx: 8:28am On Sep 22, 2017 |
Google buying business from every sector. Can't wait for Pixel 2 |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by Dosmay(m): 8:29am On Sep 22, 2017 |
mehn na real money o |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by BALLOSKI: 8:30am On Sep 22, 2017 |
I feel like dropping my HTC on the floor right now. 1 Like |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by hydeekam: 8:30am On Sep 22, 2017 |
Smart move by Google |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by AlexCk: 8:30am On Sep 22, 2017 |
Choi, See cash. Finally, Google & Wikipedia, thank u for ur help. Life without y'all would have been hectic. 1 Like |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by Oluwasaeon(m): 8:30am On Sep 22, 2017 |
maxiuc: 2 Likes
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Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by BALLOSKI: 8:31am On Sep 22, 2017 |
Holyfield1:they might change the name and this might affect the brand. 1 Like |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by RomeSankara: 8:31am On Sep 22, 2017 |
Interesting acquisition I must say...let's see if Google has what it take to make things turn around 1 Like |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by topzykul: 8:31am On Sep 22, 2017 |
BlueBrothers:
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Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by firstolalekan(m): 8:31am On Sep 22, 2017 |
Thank Better battery for htc phones henceforth |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by jobbers: 8:32am On Sep 22, 2017 |
good |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by Nobody: 8:32am On Sep 22, 2017 |
froz: Google doesn't own HTC. It's a funny deal but they didn't buy HTC outrightly, they kinda bought only their engineers 1 Like |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by joenor(m): 8:32am On Sep 22, 2017 |
Nice one... We hope to see more features like finger auth, n so much more in the new google HTC phone. |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by mystry(m): 8:33am On Sep 22, 2017 |
Google abeg come buy me too naija don tire me |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by opeolu202: 8:33am On Sep 22, 2017 |
ok |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by stevenson007: 8:33am On Sep 22, 2017 |
Ryth |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by henryobinna(m): 8:35am On Sep 22, 2017 |
oga they dud not buy the Taiwanese company oh. They only hired the mobile division for a few years, the deal expires in a couple of years. not a total buy out, the whole of HTC is worth more than $2 billion na 6 Likes |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by Nobody: 8:35am On Sep 22, 2017 |
That's Good |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by ultron12345: 8:36am On Sep 22, 2017 |
When Google acquires Htc, no problem ....... When Facebook acquires whatsapp, Instagram, it's not a problem. But if dangote cement acquires lafage nigeria or bua cement, or dangote sugar acquires bua sugar, some very stupid people will come and be shouting monopoly, government backed acquisition and other rubbish. 7 Likes |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by Abudu2000(m): 8:37am On Sep 22, 2017 |
Now Samsung will finally have a run for their money unless non of y'all understand what this means for Android.. finally Android get to control it's quality and keep it's users up to date while Samsung and others will keep lagging behind.thats if they are willing to pay a fortune for that... Now Android users can finally be proud and brag like apple users�� 3 Likes |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by Goke7: 8:37am On Sep 22, 2017 |
I just hope Google, Apple, Amazon and Facebook won't bring this world to an end. The way those firms are going hmmm. God help us! 1 Like |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by Abudu2000(m): 8:41am On Sep 22, 2017 |
Goke7:they are bugging everything and everyone that's what they are doing... everything about is being tracked... don't forget that usa owns gps, so technically Google knows where you are rn 1 Like |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by dayjee: 8:41am On Sep 22, 2017 |
Cool... 1 Like |
Re: Google Buys HTC Assets In $1.1bn Return To Mobile Phone Ownership by ITbomb(m): 8:48am On Sep 22, 2017 |
See how common messenger WhatsApp cost pass hardware company 2 Likes 1 Share |
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