technology / ai
3 hours ago

Google Acquires HTC's XR Team Boosting Android XR Vision for $250 Million

Google Acquires HTC's XR Team Boosting Android XR Vision for $250 Million
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7 Highlights
  • Google buys HTC's XR business for $250M, enhancing its Android XR strategies.
  • HTC team members join Google, retaining rights to continue XR development.
  • Google gains a non-exclusive license to HTC's XR technologies.
  • Key HTC XR devices, Vive Focus Vision and XR Elite, stay with HTC.
  • In 2017, Google purchased HTC's smartphone unit for $1.1 billion.
  • The deal is subject to customary closing conditions, expected this quarter.
  • Both companies plan to collaborate on future XR innovations.
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