Menu
SpaceX and Boeing build manned NASA Spaceships

SpaceX and Boeing build manned NASA Spaceships

iOS 8 Download Release is Expected at 10 am PDT

iOS 8 Download Release is Expected at 10 am PDT

Matt Damon is Jason Bourne Again

Matt Damon is Jason Bourne Again

Galaxy Note 4 Screen is the World's Best

Galaxy Note 4 Screen is the World's Best

iPhone 6 Reviews are Glowing

iPhone 6 Reviews are Glowing

Dr. Dre's Beats Electronics Can End Partnership with HTC

Aug 19 2013, 5:49am CDT | by , in News | Technology News

Dr. Dre’s Beats Electronics is looking for a way out. It wants to end its partnership with HTC once and for all. The bonding between the two didn’t work out and now a solution to the uneasy friendship is in the pipeline.

Dr Dre Beats Electronics Can End HTC Partnership
Getty Images
 
 

YouTube Videos Comments

Full Story

Dr. Dre's Beats Electronics Can End Partnership with HTC

Dr Dre Beats Electronics Can End HTC Partnership
Getty Images

Dr. Dre is on the lookout to buy back the 25% share that HTC has in his company, Beats Electronics. This has occurred a year after HTC slashed its shares by half. The breakup of the two giants will free both in their pursuits of what actually interests them. In the capacity of a popular headphone manufacturing company, Beats wants to be rid of the burden that HTC imposes via its share in the firm’s coffers. Beats also wants to bring in a newcomer that will invest in the company’s future thereby providing fresh avenues for growth. 

HTC had invested $300 million in Beats in 2012. Beats bought back half of that stake. Today it wants to buy the other half too. The fact of the matter is that the two have had radically different financial results. Beats has become hugely famous and grown with the times. HTC has meanwhile faced gloomy prospects that have led it down the long and dusty road of failure. It lies in the interest of Beats to let go of HTC if it wants to travel on the path of progress. Beats Electronics was founded by Dr. Dre and Jimmy Iovine and its president is Luke Wood. Its story has been one of wild success and a prosperous future lies ahead for this organization. 

Source: WSJ

 

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.

 

 

Comments

blog comments powered by Disqus

Latest stories

 
Cloud Storage of Apple gets the two factor authentication for improved security
Cloud Storage of Apple gets the two factor authentication for improved security
iCloud Now Has The Important Security Feature Apple Promised Would Help Protect Your Data
 
 
Ellen Pompeo Says Grey&#039;s Could Be Her Last
Ellen Pompeo Says Grey's Could Be Her Last
Ellen Pompeo is Not sure about Acting Again
 
 
Jada Pinkett Smith Rumored to have Injured Colleague on Set
Jada Pinkett Smith Rumored to have Injured Ben McKenzie on Set
Jada Pinkett Smith was recently rumored to have injured a colleague actor, Ben McKenzie, on the set of Gotham.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.