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HTC to buy stake in Beats – high-end headphones to come to smartphones?

Beats by Dr. Dre

HTC (opens in new tab) is set to buy a 51% share in Beats Electronics, the company responsible for the massively successful Beats by Dr. Dre headphones.

The company expects to close the deal later this month and HTC products incorporating the technology are naturally predicted to follow.

Beats Electronics has already partnered with the likes of Dr. Dre, Lady Gaga and Justin Bieber on headphones, while Beats by Dr. Dre sound has in turn been incorporated in to HP laptops.

The company was founded by Jimmy Iovene, who is also chairman of Interscope Records, and Dr. Dre, better known as a music producer.

HTC has invested in five companies this year, including Onlive, an on-demand game service, and Saffron Digital, a digital media delivery company.

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Joe Cox
Joe Cox

Joe is Content Director for Specialist Tech at Future and was previously the Global Editor-in-Chief of What Hi-Fi?. He has worked on What Hi-Fi? across print and online for more than 15 years, writing news, reviews and features. He has covered product launch events across the world, from Apple to Technics, Sony and Samsung, reported from CES, the Bristol Show and Munich High End for many years, and provided comment for sites such as the BBC and the Guardian. In his spare time he enjoys playing records and cycling (not at the same time).