HTC offloads Saffron for less than it paid in scramble for cash

In early 2011, HTC announced that it had acquired U.K.-based digital content company Saffron Digital for $ 48.5 million. The buy would bolster its media content portfolio and help the then-successful smartphone maker provide top-notch services alongside its wildly popular smartphones. Fast-forward to Thursday, and HTC has reportedly sold its 100% st…

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