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from the alphabet-is-gonna-be-in-everything-from-a-to-z dept.
A report from a Taiwanese news outlet called Commercial Times says Google is in the final stages of acquiring all or part of smartphone maker HTC.
The news follows a separate story from late August that suggested Taiwan-based HTC was interested in some sort of sale.
HTC, once one of the more popular smartphone makers in the United States, has fallen off of most carrier store shelves after several consecutive unsuccessful smartphone launches. It recently launched a separate division that sells virtual reality headsets.
The report seems fishy, since Google has already been down this road, but there's a reason why Google might be interested in HTC.
The Taiwanese company builds the Google Pixel, which means it could be a good fit for Google as it continues to cater to consumers with its "Pixel" smartphone brand.
In the end, there can be only one.
Source: https://www.cnbc.com/2017/09/07/google-buying-htc-report-says.html
(Score: 2) by HiThere on Sunday September 10 2017, @05:22PM (1 child)
*Did* they lose money? The kept the right to access the patents, so whether they lost money or not depends on how you value that.
Javascript is what you use to allow unknown third parties to run software you have no idea about on your computer.
(Score: 0) by Anonymous Coward on Monday September 11 2017, @08:18AM
Well, they bought it for $12.5 billion and sold it for $2.9 billion ~3 years later, including all but 2000 patents according to a quick look a Wikipedia. They had previously sold the cable modem/appliance division for an amount not mentioned in said Wili article. I think it is safe to say they lost money on the deal, even if they gainennd some sort of other market advantage that made it worthwhile to them.