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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.

Source: NYTimes.com

Date: Sep 20, 2017

Link: https://www.nytimes.com/2017/09/20/technology/google-htc-smartphones.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business&region=rank&module=package&version=highlights&contentPlacement=2&pgtype=sectionfront

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?

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