Taiwanese mobile maker HTC in its latest move has purchased a 20 percent stake in a Sunnyvale Ca. group’s SyncTV, which offers an online video platform for content providers. The investment is a part of a broad technology partnership between HTC and Intertrust Technologies Corporation, of which SyncTV is a subsidiary. The company develops for a range of devices — including iOS, Windows Phone, and Android, along with smart TVs and games consoles.
With SyncTV, this is the latest line-up in investments and acquisitions. Thinking strategically, HTC has recently launched its One Series phones during Mobile World Congress in Barcelona and now with having stake in SyncTV, the company is having access to a cloud-based video service that supports Android and Windows Phone – giving a wider choice in better prospective.