Google has agreed to acquire part of HTC's extended-reality (XR) business for $250 million, expanding its push into virtual and augmented reality hardware The deal involves transferring some of the HTC VIVE engineering staff to Google and granting non-exclusive IP rights.

It marks HTC’s second major deal with Google, which bought part of the Taiwan company’s smartphone operations for $1.1 billion in 2017.

Google has bought parts of another HTC division, coming years after the company acquired most of HTC's mobile unit.

Google’s current focus at the moment outside of AI is their new Android XR platform, where they see an opportunity to jump at the hype of mixed reality headsets after seeing the success Meta has had with its Meta Quest products and partnership with Ray-Ban.

Google has acquired a number of HTC’s XR engineers for $250 million, something the company says will “accelerate the development of the Android XR platform across the headsets and glasses ecosystem.” Google’s announcement of Android XR last month represents a critical shift in the competitive landscape,

Taiwan's HTC said on Thursday it will sell part of its extended reality (XR) unit to Google for $250 million, with some members of the Taiwanese company joining the U.S. one. The transaction is expected to close in the first quarter of this year,

Google is paying HTC $250 million in cash for a deal that will give the bigger company's plans for Android XR a boost. Under the terms of their agreement, some members of the HTC Vive engineering team will be joining Google,