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Google close to buying smartphone maker HTC's assets -Bbg
September 20, 2017 / 5:07 PM / 3 months ago

Google close to buying smartphone maker HTC's assets -Bbg

Sept 20 (Reuters) - Alphabet Inc’s Google is close to acquiring assets of Taiwanese smartphone maker HTC Corp , Bloomberg reported, citing a person familiar with the matter.

The Taiwan stock exchange said on Wednesday that HTC shares will be halted from Sept. 21 on a pending news announcement. (bit.ly/2fjiJIL) (bloom.bg/2wxDCam)

Bloomberg reported last month that the smartphone maker was said to be exploring options that could range from spinning off its virtual reality business to selling itself.

Both HTC and Google declined to comment. (Reporting by Munsif Vengattil; Editing by Anil D‘Silva)

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