While the deal was initially announced in September 2017, the completion of Google's acquisition of a slice of HTC, prompted a short, official post from Google's senior vice president of hardware, Rick Osterloh. The team that is now a part of Google is the same one that Google work with in developing its newest flagship phones, the Pixel 2 and Pixel 2 XL, as well as its previous generation Pixel handsets. However the reports suggest that these 2000 engineers will help Google manufacturing three or four Pixel smartphones and will continue manufacturing its own smartphones which eventually compete with the Pixel smartphones. The expansion will make the Taipei-based unit the company's largest engineering department in the Asia-Pacific region.
Google has officially closed its deal US$1.1 partial acquisition deal with HTC.
The move represents a serious expansion of Google's hardware efforts, and the most obvious application of the new engineering talent is in its line of Pixel smartphones. The Taiwanese smartphone giant has fallen from grace over the last 10 years - mainly due to its failure to produce a broad competitive portfolio against the likes of Samsung.
This sale will also help the company cut the operational costs, as around 2,000 employees will be moving to Google. In a move to streamline the manufacture of the Pixel phones, Google reportedly paid HTC $1.1 billion in September previous year to acquire the same team that built the first and second-generation Pixel devices, except for the Pixel 2 XL.
Let's not beat around the bush: Google has not acquired HTC as a sole entity.
Google has completed its $1.1 billion deal to hire hardware engineers from HTC.
"China is obviously a very attractive smartphone market and we're certainly interested in going back to China in the future, but we don't have any plans to discuss and frankly it's complicated for the company", he said.
Do you think HTC has shot itself in the foot from an innovative standpoint by accepting Google's proposal?