Printed from http://www.electronista.com

HTC buys $40m stake in OnLive for phone and tablet gaming

updated 12:15 pm EST, Tue February 8, 2011

HTC invests 40m in OnLive remote gaming

HTC on Tuesday said it planned to buy a stake in OnLive's gaming service. The Android phone pioneer expects to get 5.33 million shares at the equivalent of $40 million. It didn't say how soon this would take place or what its ultimate aims would be other than streaming games and media.

The deal follows immediately on the heels of a similar investment in Saffron Digital and points to HTC expanding Sense to include a heavy focus on remote access. HTC's move into HSPA+ 3G and LTE 4G phones will give it Internet speeds that can support high-demand media on the road and would provide a justification for expanding Sense beyond its basic sync and location features.

HTC is expected to have a wide range of devices on show next week that could take advantage of the future Sense updates, including a Desire sequel and tablets like the Flyer.

OnLive has been taking tentative steps into expanding its cloud-based gaming beyond the computer but has so far been almost entirely iPad- and iPhone-exclusive.



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

ActvContent Sync Smartband

Smartbands of all sorts are hitting the market. Some build on the buzz around fitness trackers, while others offer simpler features fo ...

RocketStor 6324L Thunderbolt 2 eSATA bridge

Like it or not, the shift to Thunderbolt is underway. The connection is extremely flexible, allowing for video and data to co-habitate ...

Patriot Stellar Boost XT 64GB USB 3.0 drive

A vast selection of USB memory sticks means that consumers can often find exactly the size drive they need in a configuration that can ...

Sponsor

toggle

Most Commented

 
toggle

Popular News