Popular premium headphone maker, Beats has ended its partnership with Taiwan company HTC after securing minority investment from the Carlyle Group to help finance growth. Carlyle is paying $500 million, according to a person briefed on the matter, valuing the music company at more than $1 billion. It will also take two of six seats on Beats’ board.
Beats electronics will pay HTC a sum believed to be $$265 million to buy out its share
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Go To Original Post Beats Headphones ends partnership with HTC
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