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Google buys a big chunk of HTC's smartphone business

The rumors are (mostly) true: Google is buying a part of HTC to beef up its hardware business. Google announced the agreement late Wednesday. Senior Vice President of Hardware Rock Osterloh wrote in a blog post that a “team of HTC talent” would join Google’s hardware team, along with a non-exclusive license for some of HTC’s intellectual property. SEE ALSO: Leaked pics show Google’s new high-end Chromebook ‘Pixelbook’ and stylus The deal is less dramatic…

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Source – Mashable:
Google buys a big chunk of HTC's smartphone business

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