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Google Pushes For The Development Of Android XR Project By Acquiring Some Of The HTC VIVE Engineering Team


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As per the HTC's press release, Google paid a hefty amount to the company, around $250 million, for having some of the members of the HTC XR team join Google. Google would be receiving a non-exclusive license for HTC's XR intellectual property (IP), and it is also mentioned that both companies would keep on exploring further collaboration opportunities as HTC continues to focus on the development of the XR ecosystem. The company also highlighted how the VIVE business is not being sold to Google, and the focus on its existing product line continues side by side. In the press release, HTC states:

WCCFTECH.COM

Google has recently entered into an agreement to acquire some of HTC's members to push for the development of its XR project

 

 

 

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