Last week, we covered the story of Asustek (ASUS) Chairman, Johnny Shih, floating the idea of ASUS acquiring HTC at the Asustek annual general meeting. Although it was established that it was quite an unlikely move, HTC has come out of the woodwork to comment on those claims saying that HTC doesn’t want to be acquired by ASUS – the statement read:
“We strongly deny the news. We didn’t contact Asusteck and will not consider the acquisition. As an international brand, HTC will continue to design world-class innovative smart devices through its pursuit of brilliance brand promise.”
It’s almost disappointing that the door has been slammed shut again – a merger of HTC and ASUS makes a lot of sense and would do good for both company’s ambitions. HTC has been struggling with capital to do the things that it wants to do with smartphones (and tablets) and ASUS has been trying very hard to breaking into an almost impenetrable Western smartphone market. Still, you can’t blame HTC denying the claims so strongly as they have made it this far on their own, and despite extremely poor results recently, probably see themselves being their own saviours rather than requiring someone else to save them.
Source: HTC via TechCrunch
