OnLive, the most prominent game streaming company is no more. The Company has apparently been experiencing financial difficulties, and had to lay off about half of its staff. People left the company with boxes late on Friday. The company says that its assets have been purchased by a “newly formed company with substantial funding”.
The news came as a shock to the web industry as OnLive was seen has the natural evolution of video games, and many were expecting high end game consoles to to be eventually replaced by cheap boxes connected to the network.
Ubergizmo , OnLive Game Streaming Company Goes Under, OnLive Game Streaming Company Goes Under
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