HTC Lowers The Volume On Beats Stake
Jul 21, 2012, 4:33 PM by Rich Brome
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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