HTC, the Taiwanese tech firm, has been quietly building up a new “business hub” for its virtual reality business in Ireland. Since early 2022, HTC’s metaverse division Viverse has been pumping money into a little-known Irish-registered company, Viverse Limited. In recent weeks a UK Viverse company put $24 million (€21.96 million) into the Irish subsidiary. This brings the total invested in Ireland to $38 million to date but it remains unclear exactly what the Viverse Irish business is doing and what its scale will be. Viverse is a division of HTC, once known for smartphones, that is focused on developing…

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