HTC Invests In Multimedia Delivery Platform Company Saffron Digital

Smartphone maker HTC this morning announced that it has made a 'strategic investment' of undisclosed size in London, UK-based Saffron Digital, which specializes in the delivery of digital multimedia. HTC is a Saffron customer, and is apparently impressed with its future business potential. Current shareholders in Saffron Digital include Beringea, NewSmith Capital and Duet Asset Management. HTC chief executive Peter Chou rationalizes the investment thusly: (after the jump)

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