After a string of enough phones that failed to sell and a fund monetary value that plunged so low the company was de - listed from the largest Taiwanese broth index , we finally know what ’s materialise to HTC . Google end calendar month of speculation , but not by corrupt HTC , as previously rumored . Rather , Google is purchasing the HTC faculty behind the designing of last year ’s Pixel phone , and gaining the ( non - exclusive ) habit of HTC ’s big bucket of noetic dimension right . All for $ 1.1 billion .
According to an HTC mechanical press release issued later Wednesday dark , the deal involves a “ definitive concord under which certain HTC employees – many of whom are already working with Google to develop Pixel smartphones – will link up Google . ”
“ HTC will receive US$ 1.1 billion in Johnny Cash from Google as part of the transaction , ” the press release continued . “ on an individual basis , Google will pick up a non - exclusive license for HTC intellectual dimension . ”
antecedently there were rumour that Google would be acquiring HTC outright to get further into the hardware business and acquire the kind of end - to - remnant control that Apple enjoy with its iPhones . alternatively Google is buying a lot of brain to put behind its phone pattern . A potentially good move as the big bezel we saw in arecent Pixel 2 leakscreamed 2015 instead of 2017 .
This young agreement means HTC is n’t dead . Parts of the companionship will live on in its Vive virtual realness business , which HTC spin off into an all - owned subsidiary in the summertime of 2016 . HTC also says it will proceed to turn on future fluid tech , including a achiever to this year ’s compressible U11 .
“ HTC remains in full attached to our branded smartphone business organization , following the successful launching of the flagship HTC U11 before this year , and we are currently forge on our next flagship headphone , ” HTC Vive Communications & Social Media V.P. Patrick Seybold told Gizmodo . “ Our 2018 product pipeline is very exciting . HTC will also stay to build out the practical reality ecosystem to grow our VIVE business , while invest in next - generation engineering , including IoT , AR and AI . ”
With a big lump of HTC ’s designers and applied scientist moving over to Google it will be very interesting to see what the next HTC earpiece will front like , or even if it will actually come to fruition . It will also be interesting to see what Google does with all its stain new talent in Taiwan . Regardless of what new phones total from this agreement we ’re hold out to have to wait until 2018 to see them .
Update , 2025-02-08 : This office has been updated with a statement from HTC Vive .
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