From the past few days, HTC hasn't produced any better smartphones for us and since then, HTC is comprising themselves into huge losses. But now, Google is reportedly acquiring HTC and this process is currently in last stages. Google is reportedly in the final stages of acquiring all or part of HTC. Smartphone maker HTC has struggled over recent quarters, and Google's putting new emphasis on hardware. Google already acquired and sold Motorola Mobility, so why repeat that? So, here at stuffcompare, I'm going to tell you all about this news:
Google really acquiring HTC?
A report from a Taiwanese news outlet called Commercial Times says Google is in the final stages of acquiring all or part of smartphone maker HTC. The news follows a separate story from late August that suggested Taiwan-based HTC was interested in some sort of sale.
HTC, once one of the more popular smartphone makers in the United States, has fallen off of most carrier store shelves after several consecutive unsuccessful smartphone launches. It recently launched a separate division that sells virtual reality headsets.
Why would Google buy HTC? Is Google literally interested in HTC?
Since Google has already been down this road, but there's a reason why Google might be interested in HTC.
The Taiwanese company builds the Google Pixel, which means it could be a good fit for Google as it continues to cater to consumers with its "Pixel" smartphone brand.
Google acquired Motorola Mobility and then sold it off just a couple of years later. Why repeat that move?
HTC's Poor Financial Condition
Commercial Times said HTC's poor financial position and Google's desire to "perfect [the] integration of software, content, hardware, network, cloud, [and] AI," is the driving force behind Google's interest. The news outlet said Google may make a "strategic investment" or "buy HTC's smartphone R&D team" which suggests that the VR team would exist as its own.
Expected Deal between HTC and Google:.
Sheridan said a Google acquisition of HTC would be "immaterial to Alphabet" given its $95 billion cash stash.