Google’s US$1.1 billion acquisition of certain assets of HTC Corporation

Slaughter and May advised Google on the competition law aspects of its US$1.1 billion acquisition of certain assets of HTC Corporation (HTC) related to the design, engineering, certification and testing of smartphones.

In particular, Google acquired certain assets of HTC, including employees and a non-exclusive licence for intellectual property rights of HTC.

Announced on 21 September 2017, the transaction continues the decade-long strategic relationship between Google and HTC around the development of premium smartphones. The transaction also represents a significant investment by Google in Taiwan as a key innovation and technology hub.

Slaughter and May advised Google on the competition law aspects with a team led by Natalie Yeung (partner, in picture), alongside Jamie Logie (associate).

 

Involved fees earner: Natalie Yeung – Slaughter and May; Jamie Logie – Slaughter and May;

Law Firms: Slaughter and May;

Clients: Google;

 

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Author: Michael Patrini