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HTC Investing $40 Million into OnLive

Posted by on February 8, 2011 at 12:43 pm

OnLive is that service that sounded really cool years ago and then you know took to long to launch, but lets you play games in the “cloud?” The problem was that games were not that great at launch and you had to pay a monthly fee plus buy or rent the game.

They have of course since removed the monthly fee then re added it but letting you play certain games for free. Well HTC just bought 5.3 million shares at $7.50 so they can finally start getting the platform on mobile devices like they promised.

We’ll see how well this goes. Does anyone out there still use OnLive or do you like the feel the discs in your hand?

[via: WSJ]

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