Sony to snap up OnLive's assets as the streaming platform shuts down

Sony is acquiring the assets and patents of game streaming platform OnLive to bolster its own streaming efforts on the PlayStation console family, OnLive announced Thursday afternoon.

That means April 30 will be the final curtain call for OnLive, which has had a troubled history and tried to restart its services in 2014.

See also: PlayStation Flow lets you literally dive into your games

Sony is acquiring "various assets," according to OnLive's announcement, including all of the company's 140 U.S. and foreign patents for streaming services. The company did not disclose transaction figures, and didn't comment if any staff were included in the acquisition. Read more...

More about Entertainment, Gaming, Streaming, Sony, and Tech

from Tech http://ift.tt/1Fny7WG

via IFTTT

Posted in: Tech