Google acquires some HTC engineers for $1.1 billion, hopes to make best Pixel phone in the world
Google is buying part of HTC, or more specifically the HTC team that collaborated with Google on creating the Pixel phones. Last year HTC helped Google make the Pixel and Pixel Xl phones while this year the company has reportedly helped the company create the Pixel 2. Google said that its deal with HTC was more of talent acquisition, although this one is a pretty expensive people hiring considering Google is paying $1.1 billion to HTC for it. The deal comes hours after HTC announced that it is set to halt trading of its shares on Wednesday. Apart from acquiring a set of engineers and resources that HTC anyways devoted to Pixel phones, Google will also acquire non-exclusive rights to some HTC intellectual property. This seemingly refers to the technologies that are already inside the HTC phones and will probably end up in Google Pixel phones. One example will be the "squeezable frame" that HTC has inside the U11 and that Google is also reportedly putting in the Pixel