http://www.cnet.com/uk/news/sony-buys-onlive-streaming-game-service-which-will-shut-down-later-this-month/
OnLive, one of the most promising video game startups in the industry, is shutting down.
The Mountain View, Calif., company, which offered gamers a groundbreaking new way to play games over the Internet, announced Thursday that it's selling its patents to Sony. OnLive's service will be shut down after April 30.
"Following the termination of the company's services and related products, OnLive will engage in an orderly wind-down of the company and cease operations," OnLive wrote in a statement. Sony confirmed the deal, saying the purchase opens "great opportunities for our gamers, and gives Sony a formidable patent portfolio." Terms of the deal were not disclosed.
But Sony faces similar problems to OnLive: cost and lack of interest from gamers. Currently, PlayStation Now allows for the streaming of only about 100 older games. The company has also priced its service higher than OnLive's, at $20 a month or $45 for three months. Sony has declined to say how many gamers have signed up for its service.
Seems Sony is really investing into PSNow, and cloud streaming in general. This definitely confirms it.
[SW's style]: Get ready for that PS5 streaming device cows :P
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