Friday in CE: Google in “Final Stages” of Negotiations to Buy HTC Smartphone Arm
According to several reports, Google is said to be in the final stages of negotiations to purchase all or part of smartphone manufacturer HTC. It’s not the most surprising news, partly because we covered the possibility of this happening a little more than a week ago. But it’s still something that could have major implications for the consumer tech industry—particularly the smartphone vertical—almost immediately.
The move would bring together the brains behind the Android operating system and, at least early on in its life, one of the most successful Android smartphone makers.
As we reported earlier, HTC has struggled of late and was very much looking to dump at least its VR department after its Vive product failed to meet sales performance expectations. And with Google’s move towards putting more emphasis on the hardware side of things, this acquisition seems to make perfect sense.