OnLive said investors had included phone operators AT&T, British Telecommunications (BT) and Belgacom Group, filmmaker Warner Brothers, software provider Autodesk, phone maker HTC, network equipment provider Juniper Networks and venture capital firm Maverick Capital and family office Lauder Partners.
OnLive, a US-based online entertainment technology service that raised about $100m from three corporate venturing units in the past two years at a $1bn valuation, has restructured so its assets are sold to a new company in a move expected to wipe out its existing shareholders and making its staff redundant.
OnLive said investors had included phone operators AT&T, BT and Belgacom Group, filmmaker Warner Brothers, software provider Autodesk, phone maker HTC, network equipment provider Juniper Networks and venture capital…
