Ouya scores $10 million cash injection – rumour

By Brenna Hillier, Friday, 30 January 2015 02:25 GMT

Ouya has been granted a new lease on life thanks to a hefty investment.

ouya

Ouya games and software may be added to Alibaba’s set top box following a $10 million investment, according to rumours out of the financial world.

The Wall Street Journal cited “people familiar with the matter” for the news.

No further details have surfaced.

Alibaba is a Chinese e-commerce company with a wide reach, which makes its own set top boxes as well as licensing other companies’ tech. The partnership could have important ramifications for both Ouya and Alibaba, as China has lifted its ban on game consoles.

If the rumours are true, and the deal to bring games to Alibaba devices pans out, it will be Ouya’s second Chinese contract.

Ouya raised over $8 million on Kickstarter and a further $15 million from investors, but the Android micro-console hasn’t exactly set the market on fire.

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