Posts Tagged OnlIve
OnLive’s assets were sold off for $4.8 million USD
Cloud-gaming service OnLive, which underwent a dramatic reversal of fortune in August during which all staff were laid off and the company entered proceedings labelled as “Assignment for the Benefit of Creditors”, was ultimately sold off to venture capitalist Gary Lauder for just $4.8 million USD.
OnLive still lives, assets acquired by Lauder Partners affiliate
Fans of complicated legal and financial maneuvering will no doubt get a kick out of OnLive’s transition from company on the brink to brand new company where everything is fine.
OnLive joins forces with Ouya
The recently revealed Ouya console received another boost today with news that OnLive will be offering content through the new console when it launches next year.