As usual, since it is not yet a done process, neither company has officially confirmed the deal. There are some figures going around surrounding the price, but most people estimate that it is between 25-40 million dollars.
Also all 59 light patents of Lytro would go to Google. All this is not unrelated to the fact that Google recently launched a Welcome to Light Fields app which shows what can be done in VR. For those that do not know, Light field cameras capture much more than regular 2D cameras, allowing the user to look around while rendering realistic depth and perspective.
Google has a serious interest in VR. This may be because of the serious photography work it does in VR. Dual Pixel autofocus tech was used for portrait mode in the Pixel 2 and Dual Pixel is similar to light field cameras. For each pixel, it captures light incoming from two slightly different angles. Lytro cameras capture light from many more angles. These leaves us with the question? What could those Lytro patents do for the next Pixels?