Google, HTC sign $1.1bn co-operation agreement
Tech giant Google and HTC have signed an agreement that will allow certain HTC employees to work for Google. In exchange, HTC will receive $1.1 billion in cash from Google.
As part of the deal, Google will also get a non-exclusive license for the intellectual property of HTC. Many of HTC employees have already worked with Google to develop the Pixel smart devices.
Rick Osterloh, senior VP of Hardware at Google, said in a statement pointed to HTC’s longtime partnership with Google to create some premium devices.
Speaking on the topic, Osterloh said, ‘We’re excited and can’t wait to welcome members of the HTC team who will be joining Google to fuel further innovation and future product development in consumer hardware.”
It seems to be part of Google’s new hardware strategy that is why it ended up purchasing part of another smartphone maker despite having formerly acquired and then divested itself of the mobile business of Motorola.
A Translational Pharmaceutics stage, Quotient Clinical connoting its new personality to Quotient Sciences resulting acquirements of SeaView Research, QS Pharma, and Co-Formulate.
Intelligent and connected vehicles are turning into the Chinese business' specialty in the new automotive era. TuSimple Inc. reveals demonstrates minds-off automated driving using two modified trucks in Shanghai.
Well-known for its technology innovation, China region unveiled the first picture of the hypersonic strike airplane that is being created to convey atomic warheads through U.S. rocket protections. The pictures of four distinct rockets that U.S.
New York-based broad communications partnership, Time Inc. uncovered another advanced stage called Time Inc. Latino. Through its new computerized stage Time conveys exceptional access to the U.S. Hispanic group of viewers.
Chinese Multinational Telecommunication Equipment company, ZTE corporation officially released TECS 6.0. The company released the new generation cloud platform at the OpenStack Summit Sydney.
German-based, multinational open-source software company SUSE combines Cloud Foundry and Kubernetes to accelerate application delivery, which also helps to increase business agility.