Google might be buying HTC as the phone maker preps for a big announcement

HTC is prepping for a big announcement tomorrow, potentially declaring that it’ll be acquired by Google, which could see the beleaguered smartphone maker turn its fortunes around.

Setting the rumour mill churning, serial tech tipster Evan Blass tweeted that an HTC employee had sent him a copy of an internal invitation inviting the company’s employees to a Town Hall meeting on September 21, where one of the discussion topics in a potential acquisition by Google.

Further fuelling the flames of speculation, Taiwanese site TechNews noted that HTC had ceased trading on the Taiwanese Stock Exchange ahead of Google potentially buying out the company’s phone division, with a tweet from Bloomberg journalist Tim Culpan also announcing HTC is to halt its stock trading ahead of a major announcement.

Given HTC is supposedly making the Pixel 2 and the Taiwanese phone company was one of the first phone makers to adopt Google’s Android software, it makes sense that the search giant would have an interest in buying HTC.

If such an acquisition does go ahead, all rumours point to Google buying only HTC’s smartphone division, leaving the company with the Vive virtual reality (VR) brand; an area HTC is keen to pursue.

Despite the decent reception HTC’s U11 flagship handset received this year, things have been tough for HTC in the mobile market, with it losing out to bigger brands like Samsung and Apple. So it would make sense for HTC to shift way from its phone lineage and concentrate on the VR side of things, as while VR is currently a growing but niche area, HTC has a solid partnership with game makers and service provider Valve to help it win the attention of potential VR developers and emerging enthusiasts.

Related: HTC Vive vs Oculus Rift 

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