shareholder in 25% of Beats, HTC has just sold his shares for the equivalent of $ 265 million. This sealed a partnership that dates back two years, even if the two companies should bear some relationship in the future.
In 2011, HTC has started to invest in the company Beats, known for its headphones and headsets (and low). The strategy was simple: by becoming a major shareholder of Beats, HTC made sure to include the headphones with its smartphones. The aim was thus to increase its sales through this partnership. However Beats wished regain its independence. The Taiwanese manufacturer has reduced its share to finally leave them in their entirety.
Specifically, HTC still holds 24.84% of Beats, 26 100 shares. Each must be sold for 10,153 dollars, or about $ 265 million in total. Signing of share purchase agreement was completed. The agreement must be finalized, however, this should be the case by the end of the year hope HTC. The latter adds that he will also receive $ 150 million of interest. A good deal for HTC, which has invested $ 300 million there are two years to provide 50% of Beats.
Despite this separation, HTC and Beats will continue to work for the next opportunity. But we do not know precisely when the headphones of the American brand will continue to support smartphones Asian business. However, it is likely not.
Note that according to the Wall Street Journal, the HTC departure coincides with the arrival of the investment company Carlyle, known in France for the business as Numericable or Sagemcom shareholder. $ 500 million have been put on the table by Carlyle to crunch some (unspecified) Beats.
Nile Sanyas
Journalist, editor, creator of LIDD, like interviews and unusual touch pads (despite their flaws). Essentially this on Google+.
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