HTC to be taken over by Lenovo?

Posted on Wednesday, October 09 2013 @ 12:44 CEST by Thomas De Maesschalck
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Android Authority reports rumors are spreading across the web that Lenovo has been holding secret meetings with HTC since August to discuss a possible acquisition.
Wang also denied the rumors that the company was considering buyout offers, but that’s not enough to stop the rumor mill from turning. According to the Korean publication eToday, HTC is not only actively looking to make a deal, they have already been holding secret meetings with Lenovo since August.

As the rumor goes, Lenovo is interested in taking over HTC’s brand, though no exact terms have been reached just yet. If a deal can be reached, we will supposedly see an official announcement by Lenovo and HTC as early as the first half of next year.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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