After weeks (months, and years) of speculation, HTC has announced that its "Powered by HTC" division -- the team behind Google's Pixel and Pixel XL devices -- will be purchased by Google in a deal worth $1.1 billion.
The rumor mill went into overdrive yesterday after HTC announced that trading of its shares on the Taiwan Stock Exchange would be halted today pending a "major announcement." The company swiftly added that, to debunk sale rumors, that it did not "comment on market rumor or speculation."
Source:google
