HTC Acquires Patents to Use in Future Litigation

Smartphone maker HTC Corp. agreed to acquire all of the shares of U.S. mobile Internet applications company Dashwire Inc. for as much as US$18.5 million, in a move that could give it more tools in possible future patent litigation against competitors, including Apple Inc. In a statement, HTC said it would purchase Seattle-based Dashwire to strengthen its mobile cloud-based services offering.