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HTC to sell part of XR unit to Google for $250m
Taiwanese smartphone maker HTC announced on Jan. 23, 2025, that it plans to sell a portion of its extended reality (XR) division to Google for US$250 million.
As part of this deal, some HTC employees focused on XR research and development will transfer to Google.
The deal also allows Google a nonexclusive license to HTC’s XR intellectual property rights.
The transaction is expected to close by the end of the first quarter of 2025.
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