Google pays $1.1 billion for HTC's talent

Google has always wanted to take on the iPhone directly, but never did it wholeheartedly. The company acquired Motorola for $12.5 billion in 2012, but three years later it sold the company — minus its patents — for less than $3 billion.  Motorola, a Google company, started out strong but faltered as Google kept it at arms length internally to avoid upsetting other device makers.This time is different. Google acquired a part of HTC's design and engineering teams — some 2,000 people — for $1.1 billion.  It's a deal that sounds bizarre on the surface, but makes a lot of sense: Google gets huge engineering and design resource but none of the corporate overhead that comes with acquiring an entire company. Most of the engineers have worked on Google's Pixel team, but the company hopes to go further with its hardware in the future.  If you look at where the –Google buys HTC talent for $1.1 billion to push into devices (Bloomberg) ↗