Google to Buy HTC's Pixel Handset Team for $1.1 Billion
Google today said it has agreed to purchase HTC's Pixel smartphone business, as well as acquire some employees and license intellectual property, for $1.1 billion in cash. HTC's Pixel engineers will be added to Google's existing hardware organization, where they will continue to work on the Pixel smartphone line. "In many ways, this agreement is a testament to the decade-long history of teamwork between HTC and Google," said Rick Osterloh, former Motorola executive and current senior vice president of Google's hardware business. "Together, we've achieved several mobile-industry firsts, including the first ever Android smartphone, the HTC Dream / T-Mobile G1; as well as the Nexus One in 2010, the Nexus 9 tablet in 2014, and the first Pixel smartphone just last year." Osterloh said Google will continue to focus on its core capabilities, creating hardware that takes advantage of Google's software. HTC will retain its actual smartphone business. In a statement, HTC said the company "will continue to have best-in-class engineering talent, which is currently working on the next flagship phone, following the successful launch of the HTC U11 earlier this year." HTC will also retain its Vive-branded virtual reality business and invest in next-generation technologies, such as the internet of things, augmented reality, and artificial intelligence. The companies did not say when they expect the deal to close.
Mar 23, 2021
OnePlus today announced the OnePlus 9 and OnePlus 9 Pro, its newest flagship phones. The 9 Pro is a true flagship-class phone with a QHD AMOLED display with variable refresh from 1 to 120 Hz, and IP68 water rating, starting at $969.
Jan 8, 2021
Motorola today unveiled a full lineup of four new affordable phones, including three g-series models ranging from $169 – $299 and one 5G model for $399. All four feature large batteries (4,000 – 5,000 mAh) and large displays (6.5 – 6.8 inches).
Oct 11, 2018
Apple has agreed to purchase assets, employees, and intellectual property from Germany-based Dialog Semiconductors. The two companies have worked together for years, and Dialog supplies Apple with power management technology for the iPhone.
Jul 25, 2019
Apple has agreed to pay $1 billion for the majority of Intel’s smartphone modem business. The deal includes approximately 2,200 Intel employees, along with associated equipment and leases.