Today, the cloud gaming service, OnLive announced that they will be shutting down their service and ceasing operations later this month. However, parts of the company will be acquired by Sony. A representative for the company released the following statement:
“Users will continue to have access to OnLive’s services until April 30, 2015, including the OnLive Game Service, OnLive Desktop, and SL Go (Second Life). After today’s date, no further subscription renewals will be charged for any of these services. Users whose subscriptions renewed on or after March 28 will be refunded. Following the termination of the company’s services and related products, OnLive will engage in an orderly wind-down of the company and cease operations.”