HTC company Confirmed entered into a strategic partnership with Beats Electronics, which is famous for manufacturing a series Dr. Dre of headphones.
Peter Shaw CEO of HTC supposed to reveal, during a press conference for more details on this agreement, and is likely to announce the acquisition of HTC for the majority of up to 51% of the company.
There were conflicting initial estimates emerging from this news, as sources estimate the value of the deal at about $ 500 million, while other parties expectations says it is not exceeding the barrier of $ 300 million. There is no doubt that this step will allow HTC to provide Beats - techniques including the brand itself - with smartphones provided by the markets.
The HTC has posted the following video on YouTube:
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