Google has struck a $1.1bn (£822m) deal with Taiwan’s HTC to expand its smartphone business.
Google will not take a stake in HTC, but some 2000 HTC staff will join Google in Silicon Valley.
HTC was once a major player in the smartphone market but has struggled to compete with the likes of Apple and Samsung. Google expects the deal to close by early 2018, provided it gets the all clear from regulators.
How can a company solicitor help your business?
If you are considering a company merger, acquisition, takeover or joint venture or are in the midst of a shareholder dispute or share capital transaction or need business advice please contact us.
Call 0161 785 3573 to speak to John Porter and Soibi Iketubosin in our Company/Commercial Department or email email@example.com or firstname.lastname@example.org.
Latest posts by John Porter (see all)
- Changes to Employment Law April 2020 - 5th April 2020
- Toys R Us on brink of administration - 8th January 2018
- Talk over sale of Newcastle Utd as owner Ashley meets investment firm - 22nd December 2017
- GVC gambles on Ladbrokes Coral takeover - 15th December 2017
- UK retail sales up in October against last year - 22nd November 2017