Google bought HTC’s augmented reality business for $250 million

Google has reached an agreement with HTC to buy the Taiwanese company’s extended reality (XR) division for $250 million, a term that combines augmented and virtual reality technologies. Previously, the American company announced the Android XR OS intended for these devices.

Image source: vive.com

As part of the deal, some of the engineers from the HTC VIVE division will go to work at Google, and the American company will also receive a non-exclusive right to use HTC’s intellectual property. The Taiwanese side will retain the rights to use and further develop solutions in this area. This is the second major deal between manufacturers: in 2017, Google acquired the smartphone division from HTC for $1.1 billion.

The purchase of a new asset will accelerate the development of the Android XR software platform for VR headsets and augmented reality glasses, Google said. This direction is becoming increasingly in demand: now the leaders in the XR device market are Apple and Meta✴. In the meantime, Google and HTC intend to explore additional collaboration opportunities, the companies said.

admin

Share
Published by
admin

Recent Posts

Samsung Unveils Ultra-Slim Galaxy S25 Edge Smartphone for €1,249: Dual Camera, Snapdragon 8 Elite, and 3,900 mAh Battery

Samsung has officially unveiled the Galaxy S25 Edge, its thinnest and most sophisticated smartphone. The…

2 hours ago

IPhones to Learn to Work Longer on Battery Life — Apple to Handle Power Management to AI

Apple is preparing a major update for the iPhone with the release of iOS 19,…

5 hours ago

Google and Elementl to Develop Three 600-MW Nuclear Projects in the US

Google has entered into a strategic agreement with Elementl Power, a leading developer of nuclear…

5 hours ago

IOS 18.5 Released, Bringing Free Satellite Communications to iPhone 13

Apple has released iOS 18.5, and one of the main innovations of the operating system…

5 hours ago

Doom: The Dark Ages Mistakenly Released on Steam Early, But Not for Everyone

Although there are still a few hours left before the launch of extended access to…

7 hours ago

Why aren’t today’s semiconductors good enough for AI?

The smaller the manufacturing standards by which a chip is made, the higher its density…

1 day ago