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Google buys part of HTC’s XR business.
The $250 million deal — announced after Samsung’s extended reality headset made its public debut yesterday — includes parts of HTC’s XR headsets and glasses unit, with some of the VIVE engineering team relocating to Google.
Google had previously purchased most of HTC’s smartphone business for $1.1 billion in 2017. HTC Vice President Lu Chia-te says the XR deal isn’t “a buyout nor an exclusive license.”
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