The purchase involves part of HTC’s design and engineering operations, as well as some of the Taiwanese company’s intellectual property, according to two people familiar with the terms. The purchase price was likely to be between $500m-$1bn, the sources said.
Google created its own hardware division last year and launched the Pixel, the first smartphone to feature only the Google brand and to be designed in-house. It hired HTC as the contract manufacturer for the phone, extending a close handset partnership that stretches back to the first device to carry Google’s Android operating system, in 2008.
So Google purchased part of HTC’s Design and Engineering operations, IP/Patents and the team the worked on Pixel. There’s also a post on HackerNews that indicates that Google also acquired HTC’s Radio Frequency Lab subsidiary.
Is this Google’s new RF Lab?