Tomorrow Google will announce the acquisition of the assets of HTC
Known insider Evan Bless (Evan Blass) has published information about that tomorrow, Google will announce the acquisition of the business of the Taiwanese company HTC. Presumably, we are talking about division, which is responsible for smartphones.
The source refers to the invitation that was sent to employees of HTC. Evan Bless adds that HTC will retain its brand, which it will use for other products. The insider believes that HTC plans to develop the virtual reality, relying on the HTC Vive headset and its successors.
In connection with the announcement of the trade HTC stock for tomorrow will be suspended. HTC is afraid of the market reaction to the upcoming big announcement, hoping that a little break will enable investors to correctly understand and not to rush in hurry to sell the company’s shares, thereby bringing down their cost.
Recall, HTC manufactured smartphone Google Pixel.