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Smartphone manufacturer HTC invests $40 million into OnLive

Sections: Distributors, Game-Companies, Gaming News, Handhelds, Handhelds-Other, Smartphones

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HTC logo HTC is one of the most prominent smartphone makers in the world right now. It is responsible for creating the G1 (HTC Dream), which is the first Android phone ever released. Today, HTC creates phones that are used on every major carrier in the US. If you own an Android or Windows Phone 7 smartphone, it was probably made by HTC. HTC may be planning to expand its influence further by bringing OnLive to its devices.

The Wall Street Journal reports HTC has invested $40 million into OnLive. This means HTC purchased 5.33 million shares in OnLive stock. HTC has not said what its plans are, but it doesn’t take a genius to figure this out.

OnLive is a cloud gaming service which is already up and running on computers, televisions (with its MicroConsole) and the iPad. OnLive also said it has the service running on Android internally. Since HTC does not make Apple products, it’s likely the manufacturer will attempt to make strides in mobile gaming by bringing OnLive to its collection of Android devices. OnLive operating on Windows Phone 7 is an iffy situation since Microsoft may view OnLive as a competitor to Xbox Live.

HTC’s investment could potentially bring OnLive further into the mainstream. During CES 2011, Vizio announced OnLive will be built in to its upcoming televisions, smartphones and tablets.

There’s also a really good chance HTC will enter the tablet wars very soon.

Read [The Wall Street Journal] Also Read [Engadget]

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  • Rafeeg

    When HTC came out with their Touch Pro 2 in Europe, I was counting down the days until it finally was released here in the States. I had to jump through some hoops to get it through Verizon (they didn't sell it in the stores, and didn't even have a replica to check out–one guy said it was because Blackberry had such a hold on Verizon's market share). Finally I got it through their online store and phone sales (combined). I have had it now for about 9 months.

  • Rafeeg

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