Google has purchased part of HTC’s crew engaged on Vive and different XR stuff for a cool $250 million in money. This quantity additionally grants Google a non-exclusive license for HTC’s XR mental property.
For Google, this “helps to further strengthen its commitment to the Android XR platform and its acceleration across the headset and glasses ecosystem, which will help drive the XR industry”, in response to HTC’s official press launch. And for HTC itself, this may allow “a more streamlined product portfolio with a focus on platforms, greater operational efficiency and financial flexibility”.
The deal is topic to “customary closing conditions” and is anticipated to shut by the tip of March.
Google introduced Android XR in December, a devoted OS for VR and XR headsets, and Samsung has simply showcased its first such product, codenamed Venture Moohan.
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