“Google is only after the mobile arm of HTC, Chinese-language Commercial Times explains,” Smith writes. “If accurate, this wouldn’t be the first time Google has bought a mobile device maker. We all remember Google’s 2012 $12.5 billion purchase of Motorola.”
“The whole thing turned out to be a financial disaster for Google, which ended up selling Motorola to Lenovo only two years later, for less than $3 billion,” Smith writes. “If Google isn’t bidding for HTC, then someone should. According to Digitimes, HTC’s August revenues were the lowest in 13 years…”
Read more in the full article here.
MacDailyNews Take: Why should someone buy a proven failure? Tax write-off?
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]