HTC – Google Deal Approved By Taiwanese Investment Commission


Two giant companies, HTC and Google announced a deal worth about $1.1 billion a few months ago. This deal will give Google some level of access to HTC’s intellectual properties and HTC hardware team will also be on deck to assist with the development of the next Pixel devices. HTC VR division devices like the Vive will be further developed by both companies.

Now, we have information that the Taiwanese Investment Commission (similar the US’s anti-trust regulators) recently approved this deal and its approval has caused the company’s shares to greatly improve in the Monday morning stock market. It is anticipated that the stocks could rise even more once the deal is completed in 2018. HTC, a Taiwanese company could make a triumphant re-entry into the states considering its recent collaboration with Google. There could also be a reverse movement which will see Google establish a firm ground in Taiwan. Generally, it is expected that next year will be great for both companies.

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