Shares in HTC rise 9.96 percent on Google's Pixel buyout

Reuters

Published Sep 21, 2017 09:29PM ET

Updated Sep 21, 2017 09:40PM ET

Shares in HTC rise 9.96 percent on Google's Pixel buyout

TAIPEI (Reuters) - Shares in Taiwanese technology company HTC Corp (TW:2498) rose 9.96 pct in early trading on Friday.

HTC Corp announced on Thursday that Alphabet Inc's Google (O:GOOGL) would pay $1.1 billion for the division at HTC that develops the U.S. firm's Pixel smartphones.