beats has had enough. The manufacturer of headphones leaves the business relationship with HTC and bought back the 25 percent stake held by the smartphone manufacturers currently on beats.
HTC had
2011 300 million U.S. dollars applied to take 50.1 percent of the shares of beats. Last year beats then has bought a 25 percent stake for 150 million U.S. dollars back. Now the company takes back full control – for another $ 265 million
.
will look to future business between the two companies is unclear. HTC said Beats will remain an important partner, beats himself did not comment yet. HTC posted lately falling profits, while always making beats higher sales. Certainly one reason why Beats want to stand on their own feet again.
[Engadget via gizmodo.com]
previous article
Travel Boy: Return of the Game Boy as an irreplaceable travel companion
No comments:
Post a Comment