Sources say that Google is in the final stages of buying HTC. Same move Google already made by buying Motorola in 2012 for $12.5B, and sold it for $2.9B to Lenovo 3 years later.
Why would Google buy a mobile phone company again?
The main reason probably isn’t the phone business, but the VR part of HTC or its good R&D team. Additionally HTC is in very bad financial shape, so the deal would also make sense from financial perspective.
This would also strengthen Google’s own smartphone business with their Pixel series.
We believe it is great news seeing HTC soon to be sold to Google.