Google buys HTC talent for US$1.1bil


Valued talent: Alphabet Inc’s Google is taking on some 2,000 employees from HTC Corp with experience working on its signature Pixel devices, intended to showcase the best features of the Android software that now power the vast majority of the world’s smartphones. — Reuters

SAN FRANCISCO: Google agreed to buy part of HTC Corp’s engineering and design teams for US$1.1bil (RM4.6bil), taking on a cadre of veterans that worked on the Pixel phone and could bolster its nascent hardware business.

Alphabet Inc’s Google is taking on some 2,000 employees with experience working on its signature Pixel devices, intended to showcase the best features of the Android software that now power the vast majority of the world’s smartphones. The deal also comes with a non-exclusive licensing agreement for HTC intellectual property.

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