HTC Lowers The Volume On Beats Stake
HTC and Beats today announced that HTC has sold half of its stake in Beats back to Beats. HTC will maintain an approximate 25% stake in Beats and continue to hold exclusive commercial rights to Beats technology in mobile devices. Owning a controlling stake "provides Beats with more flexibility for global expansion", according to the companies. HTC bought a 51% majority stake in Beats one year ago.
|Is Beats worth it.||marufio||
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