HTC Buys Cloud Services Company Dashwire
August 7, 2011
Taiwan’s HTC Corporation revealed on Friday that it has acquired Seattle-based cloud services company Dashwire Incorporated, several news reports reveal.
The Agence France-Presse says that the deal will be valued “up to $18.5 million”…
According to analysts, the Dashwire acquisition will strengthen HTC’s position in cloud computing, a field the smartphone and tablet maker currently has limited expertise in.
Some analysts, say, however, that the Dashwire buy may just have been done by HTC for patents that the Seattle company owns.
“Cloud services are key to delivering the promise of connected services to our customers,” HTC President of Engineering and Operations Fred Liu said in a statement.
“People want access to all of their important content wherever they are on any device. The addition of Dashwire’s cutting-edge sync services and deep mobile cloud experience strengthens our ability to deliver these services in a more powerful way,” the executive said.
HTC competitors like Apple, which it also has an ongoing patent war with, are heavily invested in cloud technology.