HTC Acquires Majority Stake in Beats Audio for $300 Million

HTC Acquires Majority Stake in Beats Audio for $300 Million

posted Sunday Aug 14, 2011 by Nicholas DiMeo

HTC Acquires Majority Stake in Beats Audio for $300 Million

A lot of people are writing this off, but I think this raises a lot of questions for all parties involved. This week, HTC has acquired a majority stake in Beats Electronics. Listeners and readers of our content will know that Beats Audio has been not only a headphone/earbud solution, but also a huge 24-bit digital technology enhancement that can, as of right now, only be found in HP machines, HP Touchpads and HP Pre3 as well as Chrysler cars.

Now that HTC has a huge stake in the company, should we expect to see Beats integrated more smartphones? HTC has said that it's paid $300 million for this acquisition, so we'd sure hope so.

Want more on this awesome news? We have the coverage after the break.

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