Google completes $1.1 billion deal for HTC’s design talent

Google completes $1.1 billion deal for HTC’s design talent

Google has announced the completion of its $1.1 billion deal to buy a large slice of HTC’s hardware business. The acquisition was announced back in September 2017 but now it has passed the requisite approvals and is finalized. Beyond the transfer of over 2,000 engineers from HTC — that’s around one-fifth of HTC’s engineering team […]

Alphabet Earnings: Google’s Mobile Transition is a Double-Edged Sword

Alphabet Earnings: Google’s Mobile Transition is a Double-Edged Sword

Cost-per-click metric’s decline quickens as more of Google’s advertising revenue derives from smartphone use   As mobile-device usage has surged, Alphabet Inc.’s Google has managed to change along with its users, but it is a victim of that success in one important way. The search giant has managed to transition its enormously profitable advertising business […]

Google and HTC Announce USD1.1 Billion Cooperation Agreement

Google and HTC Announce USD1.1 Billion Cooperation Agreement

Google and HTC Corporation announced a definitive agreement under which certain HTC employees – many of whom are already working with Google to develop Pixel smartphones – will join Google. HTC will receive $1.1 billion in cash from Google as part of the transaction. Separately, Google will receive a non-exclusive license for HTC intellectual property […]