Beats Electronics, which sold half the company to Taiwanese smartphone maker HTC Corp., for $300 million in August 2011, says it is buying back 25% of itself. For HTC it is a lesson that reinforces the importance of focus on its core business. Read more »
HTC spent $300 million to buy majority of Beats Electronics, a lifestyle brand that makes headphones. That deal might buy the company coolness but it might not be enough for a company fighting a tough fight with well funded and more motivated rivals like Samsung. Read more »
