Google has purchased part of HTC’s workforce 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.
This, HTC says, will drive the expansion of the nonetheless very nascent XR ecosystem. Following the deal, Google and HTC will “discover future collaboration alternatives”.
For Google, this “helps to additional strengthen its dedication to the Android XR platform and its acceleration throughout the headset and glasses ecosystem, which is able to assist drive the XR business”, based on HTC’s official press launch. And for HTC itself, this may allow “a extra streamlined product portfolio with a deal with platforms, larger operational effectivity and monetary flexibility”.
The deal is topic to “customary closing circumstances” 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 Undertaking Moohan.
