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Briefing
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- HTC Pixel Acquisition – Google will acquire HTC’s Pixel smartphone division, which include employees and intellectual property, for $1.1 billion, with deal expected to close early 2018
- Focus on Hardware – Company intensifying efforts to building own in-house hardware division, comprised of products such as Pixel phones, Google Home, Chromecast, and others
- Pixel Collaboration – HTC was Google’s manufacturing partner for first Pixel phone, introduced in October 2016
- Second Smartphone Manufacturing Deal – HTC deal is Google’s second foray into smartphone manufacturing, having acquired Motorola Mobility for $12.5 billion in 2011 and sold company for $2.9 billion to Lenovo in 2014
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Accelerator
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Sector
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Consumer Durables, Information Technology
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Organization
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Google Inc.
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Source
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Original Publication Date
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September 21, 2017
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