HTC Sinks $40 Million Into Cloud Gaming Company Onlive
The Wall Street Journal has reported that HTC Corp. has invested $40 million in U.S.-based on-demand games company Onlive Inc. HTC’s investment in OnLive will be used to help it deliver more games to players on smartphones. Last month, OnLive announced plans to integrate its service into Vizio’s upcoming HDTVs, Blu-ray players, smartphones, and tablets. The company also offers the OnLive Viewer in the App Store for Apple iPad users to see how its service works, but not actually play games. The company said at the time that the app will offer “full game play capability” at some point in the future. It looks like cloud-delivered gaming content services are all the rage these days!
Paying $40 million for a stake in OnLive, which has pioneered the concept of running fast-action videogames over the Internet without the need for users to own a gaming console or a PC with a fancy graphics card, at a stroke gives HTC owners access to a huge range of games, again without having to chase individual deals.
Comments are closed.