Sep 20 AT 10:48 AM Evan Selleck 0 Comments

HTC to halt trading of its shares as Google acquisition news looms


Earlier this month, a report surfaced that suggested Google may be in talks to acquire the phone manufacturer HTC.

Now the Taiwan Stock Exchange has notified those keeping an eye out that trading of HTC shares will be halted tomorrow, September 21, due to an announcement set to take place on the same date. To go along with that, Evan Blass was recently tipped that HTC will be holding a town hall meeting on September 21, with the topic on hand reportedly being a Google acquisition.

According to Blass, the tipster says that HTC and Google have come to terms on several topics and that Google will acquire specific hardware engineering assets from HTC, but that HTC will hold on to its brand.

A statement from HTC says, “HTC does not comment on market rumor or speculation.”

What do you think? Will Google acquire parts of HTC?

Via: @evleaks

Source: Taiwan Stock Exchange

Evan is a pretty big fan of technology, from phones to video game consoles and everything in between.

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