OnLive Bought

OnLive have now confirmed that their assets have been bought out by a new company; the streaming service will continue to operate under new ownership, with “substantial funding”.

The new company has also confirmed that they do not expect there to be any interruption to any OnLive services.

OnLive Closing Down

After reports all evening that the OnLive streaming service was on the brink of closure, and a few public denials, it has now been reported that OnLive has filed for “a form of” bankruptcy, with a new company to be formed in its place.  Meanwhile, other reports indicate that the company has been purchased by a third party.

For now, the website and service is still up and running, and there’s even a giveaway listed on Twitter (Space Pirates and Zombies and SpaceChem), so we’ll have to wait and see.