Thursday , August 24 2017

HTC denies Asus merger will be happening

HTC
Looks like that proposed takeover of HTC by Asus won’t be happening – at least voluntarily from HTC’s part at least. HTC made an announcement to investors to denounce rumours raised by Reuters just three days ago, that Asus chairman Johnny Shih was looking at acquiring the company.

Issuing the statement under the heading ‘To clarify the news on Asustek will not rule out the possibility of acquiring HTC Corp’. HTC said:

We strongly deny the news. We didn’t contact Asusteck and will not consider the acquisition. As an international brand, HTC will continue to design world-class innovative smart devices through its pursuit of brilliance brand promise.

The announcement certainly sounds confident, and HTC’s share price has risen a couple of more dollars since the announcement to $NT83.60 per share. If Asus was looking to acquire the company, there’s options but it seems a merger isn’t on the table, so look forward to what other great products HTC can deliver us in the near future.

 
Source: HTC.
Via: Android Central.

Daniel Tyson   Editor

Dan is a die-hard Android fan. Some might even call him a lunatic. He's been an Android user since Android was a thing, and if there's a phone that's run Android, chances are he owns it (his Nexus collection is second-to-none) or has used it.

Dan's dedication to Ausdroid is without question, and he has represented us at some of the biggest international events in our industry including Google I/O, Mobile World Congress, CES and IFA.

Join the Ausdroid Conversation

3 Comments on "HTC denies Asus merger will be happening"

avatar
Sort by:   newest | oldest | most voted
Member
Matt

ASUS mobile division just became profitable and things look like they will only go up from here. I don’t think ASUS as a brand name works well on a phone for whatever reason.

Me
Valued Guest

The companies would benefit from a merger.

Asus has tablets while HTC has phones which is a good a balance.

Both companies need to update their products faster.

Montalbert_Scott
Valued Guest
Montalbert_Scott

i suspect HTC will be begging Asus within 12 months if they continue with the way they are going

wpDiscuz

Check Also

Samsung has a whole bunch of accessories for the Galaxy Note 8

Along with the Galaxy Note 8, Samsung has released a whole heap of accessories for …