X
X

Is Google About to Acquire HTC?

Reports are popping up that Google Inc. is in the late stages of talks to acquire HTC in some form. The Taiwanese company helps manufacture the very popular Google Pixel smartphone, so an acquisition of the smartphone division wouldn't be totally insane. It remains to be seen if HTC would sell the Vive VR headset division of the company, or if Google is even interested in competing with Facebook's Oculus Rift. 

Taiwanese website Commercial Times said the health of HTC's balance sheet and Google's hunger to "perfect [the] integration of software, content, hardware, network, cloud, [and] AI," is the driving Google's interest in the company. They went on to say that  Google may make a "strategic investment" or "buy HTC's smartphone R&D team" which suggests that the HTC Vive VR team would exist as its own.

It remains to be seen if this is just a rumor, but these deals tend to close on Monday mornings, so keep an eye out early next week. HTC had discussed spinning off their HTC Vive VR HMD business just last month.

Visit Chatty to Join The Conversation