Description: SAN FRANCISCO — Google announced late Wednesday night that it is spending $1.1 billion to hire a team of engineers from the smartphone business of the struggling Taiwanese manufacturer HTC in a bid to bring more hardware expertise to its own mobile technology operations.
Date: Sep 20, 2017
Questions for discussion:
- Do you think this acquisition makes sense for either firm?
- What do you think of Alphabet’s record of acquisitions thus far?