Google buys Taiwan HTC smatphone assets for $1.1b in devices push

Visual from HTC US website

Google agreed to buy part of HTC Corp.’s engineering and design teams for $1.1 billion to bolster the U.S. internet giant’s nascent hardware business.

Alphabet Inc.’s Google is taking on HTC employees including teams that’ve worked on its signature Pixel smartphone. The deal also comes with a non-exclusive licensing agreement for HTC intellectual property, the companies said in a statement.

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