Tag: google acquisition

Google Completes US$ 1.1 Billion Acquisition Of HTC’s Smartphone Division

Google has announced the completion of a US$ 1.1 billion deal with HTC. The deal was confirmed in September 2017 but, it has now passed the requisite approvals and is finalised.

Rick Osterloh (Google) and Cher Wang (HTC)

The acquisition will see the transfer of over 2,000 engineers from HTC. Along with the transfer, the company will also receive a non-exclusive license for HTC’s intellectual property. HTC is retaining its Vive VR division and confirmed that it will continue making smartphones. Rick Osterloh, Google’s senior VP of hardware, wrote:

I’m delighted that we’ve officially closed our deal with HTC, and are welcoming an incredibly talented team to work on even better and more innovative products in the years to come.

As It Happened

This is not the first time that Google has taken charge of the hardware for its smartphone lineup. Six years ago, Google announced a US$12.5 billion buyout of Motorola Mobility. However, after opening a manufacturing plant in the United States, the company decided to sell Motorola Mobility to Lenovo for a fraction of the price it bought Moto for. The takeover made Motorola into a capable smartphone manufacturer and has continued to thrive in the smartphone industry since then.

Google Pixel 2

HTC’s flailing smartphone share and tumbling sales in the past few years made people talk about a possible takeover by Google of its smartphone department while HTC continues its work in the VR industry. In late August, reports emerged that a deal between Google and HTC will be announced by the end of 2017.

This move by the Google to buy off smartphone personnel from HTC could bring the company closer to achieving the hardware/software synergy that has worked so well for Apple and the iPhone. Although HTC and other Android smartphone makers still use off-the-shelf processors and other components in their handsets, the tech giant snatched one of Apple’s chip architects earlier in 2017. This could be an attempt to evolve beyond that and design its own chip.

This acquisition also gives it a huge engineer base in Taipei, Taiwan. That makes Taipei the largest engineering site for Google in the Asia Pacific. In the coming years, it is likely to be the source of new products from the company.

January 30, 2018
Despite The Billion-Dollar Deal With Google, There Will Be Another HTC Flagship Device

Google and HTC announced a Cooperative Agreement worth US$1.1 billion wherein HTC’s smartphone engineers will work for Google once the transaction is completed. While more details about the deal will be disclosed in the days to come, the press release promptly answered one question everybody had on their minds – Will there be more HTC Android phones? The answer is, yes there will be.

This agreement also supports HTC’s continued branded smartphone strategy, enabling a more streamlined product portfolio, greater operational efficiency and financial flexibility. HTC will continue to have best-in-class engineering talent, which is currently working on the next flagship phone, following the successful launch of the HTC U11 earlier this year.

What the statement means is that HTC will now focus on its most profitable product, which is the flagship smartphones. The HTC U11, though, not the most successful flagship of 2017, still received great reviews and HTC will benefit a lot if it manages to improve on the U11 and come up with a better flagship in 2018. Greater financial operational efficiency and financial flexibility refer to the deal. HTC has been incurring losses for a long time now and with most of its smartphone department personnel now moving to Google’s payroll and the US$1.1 billion from the deal, the company will definitely have more financial resources now to work with.

Considering HTC’s flailing sales numbers and decreasing popularity in the smartphone market, a full-fledged takeover of its smartphone division by Google might be on the periphery. And giving up on the smartphone market and concentrating all its energies on making the Vive VR platform a global success might be the best way forward for the Taiwan-based tech company, HTC. With Google now taking control over the hardware for its upcoming smartphones and companies like Samsung and Apple miles ahead in the smartphone game, the 2018 flagship device by HTC might as well be their last one.

September 22, 2017
Google Plays The Acquisition Game With $1 Billion Twitch Take Over Plan

It seems the year 2014 would be known as ‘The year of takeovers’. In just the last few months we have seen some major billion dollar acquisitions by tech giants. Without a doubt the golden throne of big dollar takeovers is ruled by Mark Zuckerberg with his takeover of Oculus, Whatsapp and Liverail. Microsoft finished the $7.2 billion acquition of Nokia this year. Google is now planning its own billion dollar deal. The Search giants are now interested in taking over gaming video streaming network Twitch under the Youtube brand name.

It was reported in Variety and the Wall Street Journal that Google was in talks with Twitch for acquiring the company. It is now being reported that the companies have reached an agreement and will announce it soon. Though as of now both parties have refused to comment on the issue.

Twitch is a cool service which lets users share their game video streams. It’s a great way for the nerds and super-nerds to hangout, share stats and their gameplay. You can easily see how this service can be in line with YouTube’s streaming medium. Maybe its an effort by Google to give gamers some kind of contact with the mainstream world.

July 25, 2014
Google Acquires ‘Flutter’ the Company Which Builds Gesture Recognition Technology

Google acquires Flutter, a company which builds gesture recognition technology for computers. This came up an year back as Flutter started to build software allowing users to control their computers by making gestures in front of their webcams.

This technology can be used in the company’s Chromebook line of laptops. This is what the company says after being acquired by Google:

When we started three years ago, our dream to build a ubiquitous and power-efficient gesture recognition technology was considered by many as just “a dream”, not a real possibility. Since then, we have strived to build the best machine vision algorithms and a delightful user experience.

Even after we launched our first app, we didn’t stop our research; your enthusiasm and support pushed us to continue to do better. We’re inspired everyday when we hear, for example, that Flutter makes you feel like a superhero — because any sufficiently advanced technology should be indistinguishable from magic, right?

Today, we are thrilled to announce that we will be continuing our research at Google. We share Google’s passion for 10x thinking, and we’re excited to add their rocket fuel to our journey.

We’d like to extend a special thank you to all of our users; your feedback and evangelism inspire us every day. Flutter users will be able to continue to use the app, and stay tuned for future updates.

A Google spokesperson confirmed the deal to the media, “We’re really impressed by the Flutter team’s ability to design new technology based on cutting-edge research. We look forward to supporting and collaborating on their research efforts at Google.”

This deal might bring up the Gmail motion live, the company released a video long back in 2011 showing this technology:

[youtube id=”Bu927_ul_X0″ width=”100%” height=”300px”]

October 3, 2013
Google Acquires WIMM To Help Its SmartWatch Program

Google just purchased a company, WIMM Labs, to give its burgeoning smart watch business a boost.

The Android creator has been rumoured to be working on a smart watch for at least six months, but it appears that there has been activity within Google’s walls from early 2012.

According to GigaOm, plus a message on their website, WIMM employees were absorbed into Google’s Android team, as the eventual retail product will inevitably run a form of the OS. Sony’s Smart Watch, and Samsung’s upcoming Gear device, run Android as well.

WIMM had already been working on a smart watch running Android, and had developed a small set of “micro” apps that enhanced functionality between the wrist and smartphone, but worked largely on their own. The company posted a note on their site stating “During the summer of 2012, WIMM Labs entered into an exclusive, confidential relationship for our technology and ceased sales of the Developer Preview Kit.”

Judging from the WIMM One smartwatch, WIMM’s platform, as neat as it was, still needed work: The watch was thick and ungainly, and its battery struggled to eke out more than a few hours of usage between recharges.

Whether or not Google intends to release a smartwatch of its own, it certainly would like to see Android running on all sorts of wearable gadgets, which was the big idea behind WIMM in the first place.

August 31, 2013