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.

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,

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,