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.
- Read the article: The Wall Street Journal