Taiwan's HTC to sell part of XR unit to Google for $250 mln
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Taiwan's HTC is selling part of its extended reality (XR) unit to Google for $250 million. Some HTC employees will join Google as part of the deal.
January 23, 2025 | 3:15 am
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Google is acquiring part of HTC's extended reality (XR) unit for $250 million, which includes some HTC employees joining Google.
The acquisition of HTC's XR unit by Google for $250 million is likely to enhance Google's capabilities in the extended reality space. The inclusion of HTC employees in the deal suggests a strategic move to bolster Google's talent pool in this area. This acquisition could positively impact Google's stock price in the short term as it strengthens its position in the XR market.
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RELEVANCE 80