Google and HTC Announce US$1.1 Billion Cooperation Agreement - Seite 2
"HTC has been a longtime partner of Google and has created some of the most beautiful, premium devices on the market," said Rick Osterloh, Senior Vice President of Hardware at Google. "We're excited and can't wait to welcome members of the HTC team who will be joining Google to fuel further innovation and future product development in consumer hardware."
The transaction, which is subject to regulatory approvals and customary closing conditions, is expected to close by early 2018.
Evercore served as financial advisor to HTC and Gibson Dunn and Tsar & Tsai acted as legal counsel. Lazard served as financial advisor to Google and Cleary Gottlieb and Lee & Li acted as legal counsel.
About HTC
HTC Corporation aims to bring brilliance to life. As a global innovator in smart mobile and virtual reality technology, HTC has produced award-winning products and industry
firsts since its inception in 1997, including the critically acclaimed HTC U series line of smartphones and industry-leading HTC VIVE virtual reality system. The pursuit of brilliance is at the
heart of everything we do, inspiring best-in-class design and game-changing mobile and virtual reality experiences for consumers around the world. HTC is listed on the Taiwan Stock Exchange (TWSE:
2498). www.HTC.com
About Google
Google's mission is to organize the world's information and make it universally accessible and useful. Through products and platforms like Search, Maps, Gmail, Android,
Google Play, Chrome and YouTube, Google plays a meaningful role in the daily lives of billions of people and has become one of the most widely-known companies in the world. Google is a subsidiary
of Alphabet Inc.
Disclaimer:
This press release contains forward‐looking statements which may include projections of future results of operations, financial condition or business
prospects based on our own information and other sources. Actual results of operations, financial condition or business prospects may differ from those expressed or implied in these
forward‐looking statements for a variety of reasons, including but not limited to market demand, price fluctuations, competition, international economic conditions, supply chain
issues, exchange rate fluctuations and other risks and factors beyond our control. The forward‐looking statements in this release reflect the current belief of HTC as of the date of
this release. HTC undertakes no obligation to update these forward‐looking statements for events or circumstances that occur subsequent to such date.
Photo - https://mma.prnewswire.com/media/559411/HTC_Corporation___Google_and_HTC_Logo.jpg