Beats End HTC Relationship -Looks For New Investors
Beats has had enough: it’s walking out of its relationship with HTC and buying back the 25 percent stake currently held by smartphone manufacturer.
HTC ponied up $300 million back in 2011 for a 50.1 percent stake in Beats. Then, the headphone manufacturer paid $150 million to buy back 25 percent last year. Today, it takes back full control for an extra $265 million… Read More