There were rumours that Google is going to buy HTC and today, we have got the information that the deal has been finalized between the two companies. According to Evan Blass, both the companies have finalized a deal where Google is going to acquire certain Hardware Assets, and HTC will retain its brand. This might be good news, but it also means that HTC, a company that launched the first ever Android smartphone, can no longer work on its own.
“Someone sent me a copy of an internal invitation to an HTC employee Town Hall meeting tomorrow (9/21). One alleged topic: Google acquisition. According to this person, the companies have finalized a deal wherein GOOGLE will acquire certain HW eng assets, but HTC retains its brand” – Evan Blass
It is reported that Google wants to do the same thing that Apple does with its products, i.e., integrating its software with the hardware. It is already known that HTC makes one of the two Pixel devices launching on October 4th. So, it makes sense if Google acquires the Hardware unit of HTC. As for the ‘Vibe’ brand, it seems that is not going to Google as that is a separate business unit since HTC spun off the brand last year as a separate company.