Google is investing $250 million in HTC to assimilate part of its Vive engineering team and acquire a non-exclusive license for HTC's extended reality technologies. This venture aims to enhance Google's capabilities in the virtual and mixed reality domains, aligning with its ambition for a comprehensive Android XR ecosystem. HTC will retain ownership of its intellectual property and continues to innovate its XR products. The collaboration also opens avenues for future joint projects, with the first Android XR devices, including one known as Project Moohan, expected to debut this year.
Google's acquisition of HTC team members and XR technologies signifies a strategic move to enhance its presence in the virtual and mixed reality ecosystem.
The partnership highlights Google's effort to accelerate development in the headset and glasses sector, promising innovations like the upcoming Project Moohan with Samsung.
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