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HTC July sales up 83% on year, announcing acquisition of Dashwire

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Press release; Steve Shen, DIGITIMES [Friday 5 August 2011]

HTC has announces consolidated revenues of NT$45.11 billion (US$1.56 billion) for July, up 83.29% on year, while total revenues from January to July 2011 were NT$273.67 billion, up 121.56% from a year earlier.

HTC also announced the acquisition of Seattle-based Dashwire, the maker of the Dashworks platform that provides mobile and web applications, enabling people to setup and personalize their smartphones, and access their mobile content across multiple screens and services. Dashwire will become a wholly-owned subsidiary of HTC.

"Cloud services are key to delivering the promise of connected services to our customers," said Fred Liu, president of engineering and operations at HTC. "People want access to all of their important content wherever they are on any device. The addition of Dashwire's cutting-edge sync services and deep mobile cloud experience strengthens our ability to deliver these services in a more powerful way."

HTC will utilize Dashwire's cloud sync and device set up products to extend the HTCSense.com cloud services it launched in 2010, the company said.