"He went on to note that Vizio Co-Stars streaming media players with OnLive built in are just now rolling out to customers..."Huh? Is that saying that Vizio TV's have a device built in to receive Onlive services? I know Brenden is a better writer than this, I can't understand that sentence at all, LOL.
OnLive assets sold, service will not be interrupted
[UPDATE]: Streaming game company plans to continue current products, rehire "large" number of previous employees.
[UPDATE]: An OnLive spokesperson confirmed to VentureBeat that the streaming gaming service's assets have been sold to another company. The spokesperson said users will experience no interruption of services or product roll-outs and the new company plans to hire "a large percentage" of its former employees. The original story follows below.
Rumors of OnLive's demise may have been greatly exaggerated.
When asked about reports that the company was shutting down entirely, a representative with the streaming game service told GameSpot, "We don't respond to rumors, but of course not." He went on to note that Vizio Co-Stars streaming media players with OnLive built in are just now rolling out to customers, and the company is in the middle of a three-week indie game giveaway promotion.
Earlier today, Mashable carried unconfirmed reports that OnLive laid off its entire staff. However, the business was said to be transitioning to a new phase in which a number of the staff could potentially be rehired. The report suggested the new-look OnLive could be driven by intellectual property and its numerous patents on cloud-based gaming.
Wasteland 2 developer and Inxile founder Brian Fargo posted on Twitter that he had received an email from an employee with the company saying that everyone had been laid off and it would be closed by the end of the day. He later tweeted that he had received a recall request on that same email.
Content you might like…
Users who looked at this article also looked at these content items.
Hot Stories
Newsmakers
-
Biden: No legal problem with taxing violent games
United States Vice President Joe Biden believes there is no legal restriction on ability to tax violent media. Full Story
- Posted May 14, 2013 5:50 am AEST
-
Just Cause dev promises 'holy f**king sh**' moments in future games
Avalanche Studios co-founder says developer's ambition is for action, not moments that make players cry; steampunk-style game on hold. Full Story
- Posted May 15, 2013 11:33 pm AEST
Featured Stories
-
Bungie shoots down Destiny for PS Vita rumor
Developer confirms image suggesting version of upcoming shared-world shooter in development for Sony's latest portable is a fake. Full Story
- Posted May 16, 2013 10:08 pm AEST
-
Ubisoft planning to release games more frequently
Assassin's Creed and Far Cry publisher says its network of 26 studios and over 7,000 developers will allow company to ship major franchises more regularly. Full Story
- Posted May 16, 2013 9:42 pm AEST
-
Metro: Last Light dev responds to workplace conditions claims
4A Games creative director Andrew Prokhorov thanks Jason Rubin for telling the studio's story, but says, "We deserve the ratings we get." Full Story
- Posted May 17, 2013 5:44 am AEST
-
EA opens DICE LA to make Star Wars games
DICE head would also like to poach top talent from rivals Infinity Ward and Treyarch. Full Story
- Posted May 15, 2013 8:28 pm AEST
-
EA dropping Online Passes - Report
Future EA games won't require Online Passes; the service is being scrapped after tepid player response. Full Story
- Posted May 16, 2013 1:28 pm AEST







