Cloud gaming service, OnLive, recently announced it had been purchased by a separate firm and laid off half its staff, leaving its future in question
OnLive has gained some steam in the past couple years with its impressive cloud gaming service, which allows modern games to stream instantly to almost any device. In just the past two months alone, the company has announced deals to bring the service to both LG Smart TVs and the Android-based OUYA gaming console. So it was shocking to say the least for OnLive employees to learn this past weekend that all of them were being laid off and the company had been purchased by another firm in a bid to avoid bankruptcy. As one of only two major players in the cloud gaming business and the owner of a number of patents on the technology, the news raises quite a bit of uncertainty for the future of cloud-based gaming.