HTC buys into OnLive for game streaming on phones?
Also, mad about Saffron Digital
Mobile phone giant HTC is taking a $39m stake in OnLive - a sign that the cloud-based gaming platform service will show up on smartphones in the near future.
OnLive, which launched last year in the States, offers hardcore gaming without the need for a console, with all content remotely stored on servers.
Yesterday HTC announced the impending takeover of Saffron Digital, a UK developer of video-on-mobile software, for £30m.
HTC CEO Peter Chou said: "Saffron Digital has developed an incredible expertise in mobile multimedia delivery. This ability to deliver optimised content in the future will be a key asset as content becomes more and more complex and localised."
HTC is handling the two investments through separate subsidiaries, but is there any technology linkage going on here? ®