New OnLive owner speaks publically for the first time

By on March 20, 2013, 5:30 PM

Seven months have passed since OnLive’s public shake-up last summer. We later learned that the company and all of its assets were sold for $4.8 million just days before layoffs essentially gutted the streaming game company. News from OnLive’s new owner has been non-existent since then but that’s all changed now as new owner and Chairman Gary Lauder recently authored a post on the company’s official blog.

Lauder said he has had the opposite of buyer’s remorse after coming to the company’s rescue following a financial mishap. He says OnLive consists of an amazing team that’s created services that have inspired accolades, a loyal fan base and naturally, imitators – which he says is the sincerest form of flattery.

The executive apologized for not communicating better after the debacle last August and wanted to reiterate that the company didn’t shut down or go bankrupt. In fact, the service continued without interruption.

OnLive recently hired a new SVP of Engineering. Don Gordon, the former VP of broadcast solutions at Gracenote and COO at ActiveVideo Networks, is described as someone that attracts tremendous talent that remains loyal to him. He lays claim to more than 55 US patents dealing with interactive TV and video technologies, perhaps even some that could be useful to OnLive.

Looking forward, Lauder said 2013 is shaping up to be a great year for the company. The team of 90 employees recently moved to a new office in Mountain View with plans to open another satellite office in San Francisco this spring. OnLive will also be participating in upcoming gaming shows like the Game Developers Conference next week and E3 in June.




User Comments: 2

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1 person liked this | dotVezz said:

This is actually pretty exciting!

Arris Arris said:

I thought it was an owner of an OnLive subscription, not the owner of the company

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