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HTC to lose its $40 million investment from OnLive's financial restructuring
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HTC to lose its $40 million investment from OnLive's financial restructuring
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21st August 2012, 06:19
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,553
 |  HTC to lose its $40 million investment from OnLive's financial restructuring As cloud-based gaming service OnLive struggles to reform itself and cope with its pricey infrastructure, HTC's $40 million investment made last year will disappear completely, according to a recent filing to the Taiwan Stock exchange. OnLive began streaming its gaming selection to Android smartphones and tablets at the end of the same year but we never saw any exclusive features for HTC hardware. Following some tough financial results, it packed up its Korean office and recently returned half its stake in Beats, although its involvement with OnLive had never resulted in the same degree of publicity. http://www.engadget.com/2012/08/20/h...stment-onlive/ |
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