Tuesday, February 8, 2011

HTC to invest $40 million for games on smartphones

HTC looks like investing about $40 million into OnLive to help with games on smart phones. company spokesperson Maggie Cheng via Wall Street Journal, this will "strengthen its gaming capabilities and help HTC tap into increasing demand for games on smartphones" -- yep, smartphones. HTC also announced it has acquired London-based Saffron Digital for about $48.6 million, although it said the buyout shouldn't affect deals with its current content partners including Nokia, Sony Ericsson, LG, and Samsung.

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