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> All of OnLive, Inc.’s assets (e.g. technology, patents, trademarks, etc.) were transferred to an assignee, which then sold the assets to the new company. The
by droithomme 14y ago
> All of OnLive, Inc.’s assets (e.g. technology, patents, trademarks, etc.) were transferred to an assignee, which then sold the assets to the new company. There was no transfer to any other party.
What is the name of this assignee? They seem very motivated to not state that piece of information, or how much he was paid by the OnLive Mk II company for these assets.
- Stratoscope 14y agoFrom the press release quoted in the article: "An affiliate of Lauder Partners was the first investor in the newly-structured company..." http://www.lauderpartners.com/ http://www.lauderpartners.com/ Edit: Ah, I just realized that isn't exactly the answer to your question, but may be relevant at least...
- mikeryan 14y agoActually it is Lauder Partners also invests in a Comapny called "Active Video Networks."[1] Active Video Networks has for years been trying to do the same thing on Cable Set Top Boxes what Onlive has been doing with Games to PCs. Which is basically move all the processing to the cloud with low end thin clients in the home. In the TV Case they'd push interactive apps (via an MPEG frame over your cable infrastructure) to your cable box and basically you could get a whole interactive TV system on crappy old cable boxes. Looks like Gary Lauder (who's the main guy at Lauder Partners) is doubling down on this strategy. [1] http://www.activevideo.com/ http://www.activevideo.com/
- duskwuff 14y agoOne of the commenters on http://www.joystiq.com/2012/08/18/documenting-the-death-of-onlive-notes-from-the-companys-final/#lf_comment=34471476 http://www.joystiq.com/2012/08/18/documenting-the-death-of-o... claims to be an employee, and names Microsoft as the assignee: > We start cutting corners and being a bit more conservative, and then finally Sony comes to our rescue. But when they look into how our business is being run, they see it's a mess, and pass. We're basically left screwed, but then Steve approaches Microsoft and begs them to take us. They see we're on the verge of bankruptcy and tell him they only want the top-earners and "brains" behind the operation (the 1%) and that they'll pass if he doesn't "trim the fat." So that's exactly what he does.