Google Acquires HTC's Mixed Reality Division, Bolstering XR Ambitions

Google has announced a significant move in the tech world, acquiring HTC's division focused on mixed reality (XR) device development. This acquisition, worth $250 million, provides Google with key resources to propel its own XR hardware initiatives. Key Highlights of the Acquisition This deal includes: Google acquiring HTC’s mixed reality device development division for $250 million. Key personnel from the Vive team joining Google. Google receiving a non-exclusive license to HTC’s XR intellectual property. HTC retaining the ability to continue its own XR research and development. Google's Push into XR Hardware This move follows Google's recent unveiling of Android XR, a new operating system designed for mixed reality devices. With this acquisition, Google now has the expertise and resources to develop and manufacture its own XR headset. It will join the likes of Project Moohan from Samsung and Apple Vision Pro, entering a growing field of cutting-edge technology. This will also pu…