February 9th, 2011 by Arjan Olsder Posted in Companies & M&A | No Comments »
HTC has bought 5.33 million shares prized $7,50 in OnLive, the cloud based gaming service. It is likely HTC made the investment to increase the quality of games that can be played on it’s handsets.
OnLive is/was still privately owned and is operating in the US and Canada. When speaking to OnLive last September, one of the developers did confirm the company was also testing EU based server installations but had no solid plans to launch yet.
OnLive is mainly working with it’s own hardware though it did release an iPad app before that allows gamers to watch how others are playing.
Since OnLive is mostly about PC games, we doubt HTC makes this move purely for it’s smartphones since gameplay is hard to translate on a touch screen, let alone on such a small one. Tablets would be more likely.
Via.
