Lenovo looking to acquire HTC, talks have been going on since August
Lenovo is allegedly discussing taking over the HTC brand, much like it did with IBM’s ThinkPad laptops when it acquired the unit. This means that we’ll still have HTC smartphones, just this time - manufactured under Lenovo’s caring wings. Other terms of the detail have not been disclosed.
The deal sounds like a very right fit. Lenovo is one of the largest phone makers in China, but does not reach Western markets in the way HTC does, nor does it have the carrier connections. Lenovo is now also the largest PC and notebook seller globally, having surpassed HP, so the business for the Chinese company is growing fast.
source: AppleDaily Taiwan via Android Beat