Games console maker Ouya, backed by Nvidia and Alibaba, could be acquired by Razer for an undisclosed amount.

US-based games console manufacturer Ouya, backed by chip maker Nvidia and e-commerce company Alibaba, may be acquired by gaming technology developer Razer, TechCrunch reported yesterday.

Talks between the two companies are ongoing, and no terms have been announced yet.

Ouya has developed a games console based on the operating system Android. Although it is cheaper ($99) than competing consoles Microsoft Xbox One ($349) and Sony PS4 ($399), Ouya struggled to secure market share and recently focused on licensing its games…