Last year HTC spent $300 million to acquire a majority stake in Beats Audio. HTC has sold back 25% of Beats’ shares back to the company for $150 million. HTC and Beats are calling this deal a realignment, which “provides Beats with more flexibility for global expansion.” HTC will remain as the single largest outside shareholder in the company with about 25% ownership of the company. HTC now has 75% of the company. HTC wil remain as the exclusive mobile device company to have Beats Audio. The two companies will be working on a joint marketing campaign later this year too.