Article 32RTS Google to buy part of HTC's smartphone operations for $1bn

Google to buy part of HTC's smartphone operations for $1bn

by
Reuters
from on (#32RTS)

Deal will not involve purchase of direct stake and HTC will continue to run its remaining phone business

Google has announced a deal to acquire part of Taiwanese firm HTC Corp's smartphone operations for about $1bn.

The deal will not involve the purchase of a direct stake and HTC will continue to run its remaining smartphone business.

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