Published: Tue, January 30, 2018
Sci-tech | By Brandy Patterson

Google seals $1.1bn deal to acquire HTC's talent

Google seals $1.1bn deal to acquire HTC's talent

Google has just announced it has completed the $1.1 billion HTC acquisition and that it's welcoming the new teammates from the Taiwanese company to its hardware organization.

The deal, first announced in September previous year, isn't the full takeover that many had been expecting, and instead see HTC become Google's main provider of hardware, with some HTC personnel moving to join the tech giant. The deal, however, does not mean the end of HTC branded smartphones.

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Under the deal, about 2,000 HTC engineers will go to work for Google, an American technology company that specializes in Internet-related services and products. HTC is retaining its Vive VR division and it will continue to make its own smartphones, the company confirmed past year.

Osterloh also used the blog post to announce that Google is expanding its "footprint" in the Asia Pacific, with Taipai - where HTC is headquartered - becoming Google's largest engineering site in the region. It is likely to become the source of new Google products in the coming years. Osterloh said. "These new colleagues bring decades of experience achieving a series of "firsts" particularly in the smartphone industry - including bringing to market the first 3G smartphone in 2005, the first touch-centric phone in 2007, and the first all-metal unibody phone in 2013".

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Previous reports have pegged the acquihire as bringing on around 2,000 HTC employees, with Osterloh again only specifying that it's the same team that Google worked with for the Pixel and Pixel 2. The latter seems to be a non-exclusive affair which means HTC can still continue doing its own thing, with regards to hardware even after the Google acquisition.

In a journey undertaken towards the expansion of Google's hardware division, Osterloh reiterated the company's commitment to building and investing for the long run.

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It's been a busy few months since we introduced our second-generation family of Made by Google products.

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