(Reuters) – Alphabet Inc’s Google is close to acquiring assets of Taiwanese smartphone maker HTC Corp, Bloomberg reported, citing a person familiar with the matter.
The Taiwan stock exchange said on Wednesday that HTC shares will be halted from Sept. 21 on a pending news announcement.
Bloomberg reported last month that the smartphone maker was said to be exploring options that could range from spinning off its virtual reality business to selling itself. [nL4N1LA53Z]
Both HTC and Google declined to comment.
(Reporting by Munsif Vengattil; Editing by Anil D’Silva)
Republished with permission from Reuters