HTC buys Dashwire Inc. to fuel their cloud goals

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HTC seems to be on a buying spree. After buying S3 Graphics few weeks back, HTC announced their plans to acquire US-based Dashwire Inc. HTC will purchase the company for $18.5m via its American outfit, HTC America Holding Inc.

Unlike S3 Graphics, which was a buy just for patent gains, Dashwire’s acquisition will help HTC to fulfill their cloud plans. HTC will integrate Dashwire’s cloud sync service with HTCSense.com.

“Cloud services are key to delivering the promise of connected services to our customers,” said Fred Liu, president of engineering and operations, HTC Corporation. “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.”

Press Release

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