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Technology Stocks : Mobile Computing - OSs & Manufacturers UNMODERATED
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From: iggyl2/8/2011 2:59:15 AM
1 Recommendation  Read Replies (1) of 3170
 
More fragmentation on the way for Android.


ASIA TECHNOLOGY
FEBRUARY 7, 2011, 11:27 P.M. ET
HTC Invests in Two Mobile Software Companies

BY LORRAINE LUK

online.wsj.com

TAIPEI—HTC Corp. unveiled two investments in software companies in the latest push by the Taiwanese company to expand through acquisitions in the lucrative but competitive smartphone market.

HTC, which has gained popularity world-wide for its early adoption of Google Inc.'s Android software in its mobile phones, said it will acquire London-based mobile platform company Saffron Digital for £30.15 million ($48.6 million) and will buy a $40 million stake in U.S.-based on-demand games company Onlive Inc.

HTC has been increasing its investments in mobile technology and beefing up its content and applications business to ....

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