HTC is set to sell a portion of its XR unit to Google for $250 million.

HTC, a leader in virtual and augmented reality (XR) technology, is preparing to sell a portion of its XR division to Google in a deal worth $250 million. This move represents a significant change in HTC’s business strategy and enhances Google’s ambitions in the immersive technology sector. The agreement involves transferring key talent and resources from HTC’s XR unit to Google, which will strengthen the tech giant’s ability to innovate in virtual reality (VR), augmented reality (AR), and mixed reality (MR). HTC will keep part of its XR division to…

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