in , ,

Oh my, oh my: HTC Stops stock trades amid takeover expectation by Google. It gets real.

The rumors were flying a week ago, but it’s become very real. From the actions of HTC, of stopping trade of their stock, it looks like the company is desperate to sell ASAP, to Google.

For Google, it’s a second try at buying and doing something good with the assets it’ll garner from the HTC deal. The prior buy out of Motorola’s mobile division just lasted 3 years.

The only benefit, for Google, would be that it will completely control what happens with the “virtual division and the manufacturing of Google’s Pixel phone offering (which HTC was the manufacturer).

HTC’s smart phone market share has dwindled to less than 1%, in recent times, with a market value of around ~$2 Billion.

GOOGLE PIXEL

GOOGLE VR:

READ MORE:
The Verge
BBC
CNET
TechCrunch

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

Comments

0 comments

Jobs: Is this what’s happening with Apple today?

Tomb Raider: Latest Trailer. Alicia Vikander as Lara Croft. Will it bomb?