HTC and Google forge XR partnership with US$250 million deal for talent and IP rights
HTC and Google have struck a major deal in the XR field, with Google agreeing to pay HTC US$250 million. Under the agreement, a portion of HTC's XR R&D team will join Google, and HTC has granted Google a non-exclusive license for its XR-related intellectual property while retaining the right to continue developing and using these technologies.