HTC is selling part of its XR unit to Google for $250 million to focus on other technologies.
HTC, a Taiwanese tech company, is selling part of its extended reality (XR) unit, which makes headsets and glasses, to Google for $250 million. The deal, expected to close by the end of March, includes transferring some HTC employees to Google. HTC will retain rights to use its intellectual property, while Google aims to accelerate development of the Android XR platform. The companies plan to explore further collaborations.
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