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Google confirms it will pay $1.1 billion to acquire HTC’s Pixel team and license technology

The rumor mill was working overtime over the last few weeks as everyone speculated what a Google acquisition of HTC would look like. Would it be a Motorola situation? Maybe more like Microsoft acquiring Nokia? In the end, it's nothing so extreme as an acquisition. Google and HTC have come to an agreement wherein Google essentially carves out the Pixel business from HTC, leaving the rest to continue making smartphones.

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Google confirms it will pay $1.1 billion to acquire HTC's Pixel team and license technology was written by the awesome team at Android Police.

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