Google's billion-dollar deal to acquire a part of HTC (along with a non-exclusive license for its intellectual property) is done. The two companies announced its completion tonight, and the details appear to be the same as originally announced. While the team behind the Pixel phones is joining Google, HTC says it will continue to make its own-brand mobile device while using its Vive products to compete in VR as well as innovating in AI, AR and IoT technology.