Google is buying HTC’s Pixel team for $1.1 billion

Google is buying HTC’s Pixel team for $1.1 billion

“This agreement is a brilliant next step in our longstanding partnership, enabling Google to supercharge their hardware business while ensuring continued innovation within our HTC smartphone and Vive virtual reality businesses,” HTC co-founder and CEO Cher Wang said in a statement. The rumor mill went into overdrive yesterday after HTC announced that trading of its …