HTC may announce Thursday it's going to spend $500M to acquire a 51% stake in Beats Electronics, the company behind
Beats By Dr. Dre. Beats will operate independently and its audio technology will land in HTC's handsets. [
CNET and
AllThingsD]
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Source: http://feeds.gawker.com/~r/gizmodo/full/~3/xVZuS1iL7JY/htc-may-acquire-a-majority-stake-in-beats-electronics
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