It’s been four months since Google announced an agreement was in place to acquire a major part of HTC’s mobile division, and now the deal has finally closed. Both companies confirmed that the deal made it through regulatory approval without any trouble. HTC will continue operating the same as it has been for the last few years focusing on a handful of products, but Google gains the ability to go all-in on hardware.
Rick Osterloh, who leads Google’s hardware operations, said this about the future:
“As our hardware business enters its third year, we remain committed to building and investing for the long run. Today, we start digging in our new teammates, guided by the mission to create radically helpful experiences for people around the world, by combining the best of Google’s AI, software and hardware.”
Based on that statement, it’s clear the company understands it won’t rival Apple and Samsung immediately. Growing the hardware business to compete with those two will take some time, but Google is ready for the challenge and bringing in HTC’s experience was only the start of many more moves to come. The biggest short-term gain is that Google can develop products on its own.
Google intends to stay in the Asia-Pacific region. HTC has a long history there, so Google doesn’t plan on shutting down its research and development facilities.
Moving forward it’ll be interesting to see what products Google develops. The Pixel 3 should be the first phone made entirely by Google, and there are undoubtedly new things made possible by having a larger engineering site in Taiwan available as needed.