Google's $1 billion acquisition of 2,000 HTC employees could be risky (GOOGL, GOOG)

AP This story was delivered to BI Intelligence Apps and Platforms Briefingsubscribers. To learn more and subscribe, please click here. Google announced that it's spending $1.1 billion to hire roughly 2,000 employeesfrom the “Powered by HTC” division of Taiwanese smartphone maker HTC for its Pixel business,accordingto Bloomberg. A large share of these engineers worked on the first Pixel — Google partnered with HTC to make the phone. Google will also receive non-exclusive licenses to a handf...