Google buys $1.1bn stake in HTC

Mubasher: Google signed a $1.1 billion dollar agreement with HTC Corporation to purchase a stake of its operations.

Alphabet Inc., Google's owner on Thursday stated that some of HTC’s employees will join Google, as well as Google will receive a non-exclusive license for HTC intellectual property (IP).

On Wednesday, Hong Kong Stock Exchange suspended trading on HTC’s stock.

Mubasher Contribution Time: 21-Sep-2017 10:02 (GMT)
Mubasher Last Update Time: 21-Sep-2017 10:56 (GMT)