New-Tech Europe Magazine | Oct 2017 | Digital Edition

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Real-time digital pricing Smart weigh scales with built-in clienteling Interactive digital experiences featuring facial analysis and actionable consumer insights “The newMadrid showroom is the ideal location for our clients to get inspired, meet with Toshiba retail experts, collaborate with our strategic partners and experience Toshiba as the one-stop shop in providing commerce solutions to meet the dynamic needs of the rapidly changing retail landscape,” said Yevgeni Tsirulnik, Group Vice President, EMEA Sales and Omni Channels, Toshiba Global Commerce Solutions. Says Adam Sheppard, President and CEO, Toshiba TEC

European Retail Operations: “Our customer and business partner growth has inspired the opening of a centrally located Retail Experience Theatre in Europe that will allow retailers from many countries to experience first-hand the end-to-end customer shopping experiences. The future is already here!” “The power of Toshiba and our full integration with an extensive network of Together Commerce Alliance partners delivers proven end-to-end solutions that offer retailers significant business value and improved performance,” said Gerard Pruijn, European Director of Strategic Partnerships, Toshiba TEC.

Google and HTC Announce US$1.1 Billion Cooperation Agreement Google and HTC Corporation today announced a definitive agreement under which certain HTC employees – many of whom are already working with Google to develop Pixel smartphones – will join Google. HTC will receive US$1.1 billion in cash from Google as part of the transaction. Separately, Google will receive a non-exclusive license for HTC intellectual property (IP). innovation and technology hub. “As a pioneer of the smartphone market, we are very proud of our history of innovation. Our unmatched smartphone value chain, including our IP portfolio, and world-class talent and system integration capabilities, have supported Google in bolstering the Android market,” said Cher Wang, Chairwoman and CEO of HTC. “This agreement is a brilliant next step in our

The agreement is a testament to the decade-long strategic relationship between HTC and Google around the development of premium smartphones. This agreement also supports HTC’s continued branded smartphone strategy, enabling a more streamlined product portfolio, greater operational efficiency and financial flexibility. HTC will continue to have best-in-class engineering talent, which is currently working on the next flagship phone, following the successful launch of the HTC U11 earlier this year. HTC will also continue to build the virtual reality ecosystem to grow its VIVE business, while investing in other next-generation technologies, including the Internet of Things, augmented reality and artificial intelligence. For Google, this agreement further reinforces its commitment to smartphones and overall investment in its emerging hardware business. In addition to the talented and experienced team of professionals, Google will continue to have access to HTC’s IP to support the Pixel smartphone family. Additionally, this agreement also represents a significant investment by Google in Taiwan as a key

longstanding partnership, enabling Google to supercharge their hardware business while ensuring continued innovation within our HTC smartphone and VIVE virtual reality businesses. We believe HTC is well positioned to maintain our rich legacy of innovation and realize the potential of a new generation of connected products and services.” “HTC has been a longtime partner of Google and has created some of the most beautiful, premium devices on the market,” said Rick Osterloh, Senior Vice President of Hardware at Google. “We’re excited and can’t wait to welcome members of the HTC team who will be joining Google to fuel further innovation and future product development in consumer hardware.” The transaction, which is subject to regulatory approvals and customary closing conditions, is expected to close by early 2018. Evercore served as financial advisor to HTC and Gibson Dunn and Tsar & Tsai acted as legal counsel. Lazard served as financial advisor to Google and Cleary Gottlieb and Lee & Li acted as legal counsel.

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