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.