FEB. 8, 2011 • Taiwan-based mobile phone manufacturer HTC invested $40 million in cloud streaming game service Onlive Inc. The investment gives HTC 5.3 million preferential shares of OnLive, each share priced at $7.50. The move was speculated to support content for HTC’s upcoming mobile tablets.
Impact: This is a clear indication that the OnLive service may be best suited for mobile devices. OnLive is more about streaming legacy content and demos than it is about replacing full-fledged console games.