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 […]