Home » Uncategorized » Beats Audio Will Buy Back HTC’s 25% Share for $265 Million

Beats Audio Will Buy Back HTC’s 25% Share for $265 Million


It’s been a long time coming, but HTC and Beats Electronics are officially separating. It seems that Beats has already taken on a new partner in the form of Carlyle Group, which is said to be investing $500 million into Beat’s expansion efforts.

What about HTC’s remaining 25% stake in the company? Beats has agreed to buy back the stake for $265 million.

Factoring in the $150 million that Beats already paid HTC last year, that comes to Beats paying $415 million for something HTC originally bought for $300. That might sound like a good deal, but considering how much Beat’s value has grown – it’s not.

Now that the partnership is ending, Beats is free to continue down the path of pushing its Beats audio technology into other products including in-car dashes, HP computers and – of course- its premium headphone line. For HTC, it means a pretty hefty cash infusion that can help the company can (hopefully) use to further facilitate growth and recovery after years of struggle.

So does this mean that we will never see an HTC phone with the Beats Audio logo again? Not necessarily. HTC claims it will continue to partner with Beats “as future opportunities arise”.

What do you think of this announcement? Share your thoughts below.

About Andrew Grush

Check Also


Try Oculus Rift And Wii To Roam Around On The Back To The Future Hoverboard

Check out how you can fly in virtual space by using an Oculus Rift and a Wii Balance Board.


Amazon Appstore for Android Holiday Deals, Including Free Apps

There are tons of deals from the Amazon Appstore that will be offered starting now and throughout the holiday shopping season. They say that they will have "hundreds of titles that are eitehr free... or available between 50-90% off" the regular price.


Black Friday: Google Play Store Apps, Games and Content on Sale All Weekend

Case in point, if you head over to the Google Play Store right now, you'll find that Google is celebrating all Cyber Weekend with discounts on all sorts of content. This includes many popular apps and games


Black Friday Deal: Samsung Galaxy Tab 3 10.1-Inch for $100 Off

Did you manage to score any epic Black Friday deals this morning? Are you still ...


Arduino Co-Creator Releases Plans for $200 DIY Mobile Phone

Mellis was one of the people who came up with the now hugely popular Arduino platform and now he has come up with plans for people to build their own cell phone for about $200 in parts.


No Discounts for Apple Black Friday, Just Free Gift Cards

If you were hoping to save yourself some cash as you brave the Black Friday shopping crowds, you'll want to go somewhere other than the official Apple Stores.