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Onlive Not Closing, Acquired Into A New Company
Update: Onlive has provided the following statement to Game Informer:
We can now confirm that the assets of OnLive, Inc. have been acquired into a newly-formed company and is backed by substantial funding, and which will continue to operate the OnLive Game and Desktop services, as well as support all of OnLive's apps and devices, as well as game, productivity and enterprise partnerships. The new company is hiring a large percentage of OnLive, Inc.'s staff across all departments and plans to continue to hire substantially more people, including OnLive employees. All previously announced products and services, including those in the works, will continue and there is no expected interruption of any OnLive services.
We apologize that we were unable to comment on this transaction until it completed, and were limited to reporting on news related to OnLive's businesses. Now that the transaction is complete, we are able to make this statement.
Original Story: Cloud-gaming service Onlive is denying reports the company is closing its doors today. The reports suggested the entire company had been laid off. That doesn't appear to be the case.
Mashable first reported the company called an all-hands meeting this morning where the entire staff was fired. When asked for comment, a company representative told Game Informer the company does not comment on rumor or speculation, but added that Onlive is not shutting down.
Onlive did not address the possibility of layoffs, however. We'll update this story if there is anymore official details from the company.
Onlive announced late last month it signed a deal with Ouya.
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