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HTC purchases $40 million stake in OnLive, acquires London-based Saffron Digital

Andorid and Windows 7 phone maker HTC has purchased a $40 million stake in OnLive.

OnLive already has an application on iPad on the market and one in the works for Android tablets, so this new deal is all part of its previously announced plan to further expand into mobile devices as well as televisions such as Vizio's line of home offerings.

HTC has also acquired Saffron Digital, the London-based mobile video specialist, and has announced Saffron will remain an independent agency, meaning it will still be free to offer its services to other phone makers such as Nokia and Sony Ericsson which are current clients.

According to FTtechhub, HTC has text, video and games covered, and all that's left is music and applications.

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Stephany Nunneley-Jackson

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Stephany is VG247’s News Editor, with 22 years experience (with 15 of them at VG247). With a brain that lacks adhesive ducks, the ill-tempered, chaotic neutral fembot does her best to bring you the most interesting gaming news. She is also unofficially the site’s Lord of the Rings/Elder Scrolls Editor.

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