Cloud Service OnLive Sold

18.08.2012

says an unnamed OnLive employee who was fired told the website the staff was shocked at Perlman's announcement that the company would be restructured. Before the shakeup, OnLive employed 180 to 200 people and Joystick's source speculates only about 20 percent of them received an invitation to work for the new company.

But the really interesting dish is that this anonymous person claims that the average peak amount of concurrent OnLive users was only around 1800 -- nowhere near the 2 million people who had registered for the service. Whether this claim is true or not remains to be seen.

Several purchase offers have come in within recent months but Perlman was reportedly looking for an offer around $1 billion.

OnLive's new owner has not been revealed, but Perlman reportedly said it is not a major company but an individual who is "impressed" with OnLive's accomplishments.

According to a report by IDG News Service's Martyn Williams, OnLive's fall to the brink of bankruptcy is a result of a in terms of the powerful servers that stream games to inexpensive TV adapters in the homes of its users.