This fall, HTC will provide phones, with integrated Beats

Company HTC Corporation announced a strategic partnership agreement with the company Beats Electronics, whose fame earned a cult series of audio equipment Beats by Dr. Dre. As stated in a press release, the two fastest-growing brand will focus its efforts on how to provide superb sound HTC phones. The result of joint work and HTC will release Beats mobile devices with integrated audio development Beats, which will be available this fall. It is assumed that under the agreement HTC invests $ 300 million in Beats Electronics, acquired 51% stake. Company Beats Electronics will continue to operate autonomously. The chairmanship of the company will retain Yovayn Jimmy (Jimmy Iovine), and Luke Wood (Luke Wood) will remain as president and chief operating Beats Electronics. The company will also continue to work with business partners, including Monster Cable Products, Hewlett-Packard and Chrysler Group. Yovayn will also remain as chairman of Interscope Geffen A & M Records.