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Onlive Founder Leaves Company
Onlive founder and CEO Steve Perlman is leaving the company to work on his "myriad of other projects," it was announced. The company's lead investor, Gary Lauder, will become the new Chairman. Charlie Jablonski, formally head of operations, is becoming Onlive's COO and acting CEO.
"Steve has created an extraordinary company that no one else could have created. He is a unique entrepreneur and deserves his legendary status in Silicon Valley as a creator of groundbreaking companies," Lauder said in a statement.
"The new Onlive is emerging with greater financial security and a brighter outlook on the future. Onlive is now positioned to execute against longer-term projects with our breakthrough technology, products and services," he added.
Earlier this month, Onlive was acquired into a new company backed by new investors. Onlive has offered nearly half of its employees positions at the new company and plans to hire more staff in the future.
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