OnLive's video gaming tech was sold for less than $5m

[Chark]

kowenicki said:

Chark said:
Less than 5 million sure....if you don't count the debt the new owner has to pay. To him, that purchase was a whole lot bigger.

Also 1,600 users at any given time? That's barely more than what LBP Vita is popping out right now.

The new owners will have negotiated a reduction of those debts but even if they haven't its still only 20m or so. Shows how the patents for this aren't worth that much.   This is basic tech, it really is.  

Yeah, onlive's patents aren't viewed very important according to others in regards to cloud services. I read that the debt was cut down to 25 cents on the dollar. I think the debt was 20-30 million due with additional debt at that reduced rate. Not sure how much the whole thing is totalling. Any idea what this guy plans to do with it? Continue service maybe. If onlive is gone, the OUYA is going to hurt without that up its sleave. Maybe Sony will fill the void? Wouldn't that be something? OUYA suceeding because it becomes a PlayStation, lol.