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    Home»News»Acquihiring: 2000 HTC engineers are now Google employees
    News

    Acquihiring: 2000 HTC engineers are now Google employees

    mmBy Prajjal Saha | HRKathaFebruary 6, 20182 Mins Read1584 Views
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    These engineers have been working closely with Google on the Pixel smartphone line. 

    In a $1.1 billion deal with HTC, Google will take away about half of HTC’s research and design division, which means that around 2000 engineers, who work in this team will now be called Google employees.

    These engineers are not new to the Google stable. They have been working closely with Google on the Pixel smartphone line.

    Rick Osterloh, senior vice-president, hardware, Google, announced in the company blog, “I’m delighted that we’ve officially closed our deal with HTC, and are welcoming an incredibly talented team to work on even better and more innovative products in the years to come.”

    Though these engineers will move to Google, they will not move to the US. These employees will be based out of Google’s innovation and engineering hub in Taiwan.

    The expansion will make the Taipei-based unit the Company’s largest engineering department in the Asia-Pacific region.

    Even for HTC, this deal is a win-win situation. The mobile phone company is now richer by a few billion dollars and at the same time, it is lighter by 2,000 employees.

    Experts say that it’s business as usual for HTC. Though this acquihiring will create a dent in its research team, the Company can live with it. HTC will now focus only on a few premium models.

    The agreement also includes a “non-exclusive license for HTC intellectual property.” Presumably, the IP is a new phone that is already in the works

    Acquihiring Google HTC
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    Prajjal Saha | HRKatha

    Dr. Prajjal Saha, editor and publisher of HRKatha since 2015, leverages over 25 years of experience in business journalism, writing, and editing. He founded HRKatha to provide insightful analysis on the evolving workplace. With expertise spanning HR, marketing, distribution, and technology, Saha has a deep understanding of business dynamics. His authorship of the acclaimed Marketing White Book highlights his versatility beyond HR. A trusted voice across industries, his clear and thoughtful commentary has earned him a reputation for thought leadership, making him a reliable source of knowledge and insights for professionals navigating the complexities of the business world.

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