OUYA possible acquisition target for Razer

There is no hiding that OUYA has struggled since its launch in 2013. The Android-powered video game console, despite raising $8 million in a Kickstarter campaign, has struggled to be a hit with consumers and the company failed to repay investors that helped bring the product to life. Among the investors is Alibaba who made a $10 million investment as recent as January. Julie Uhrman, OUYA’s chief executive officer, sent an internal memo to employees in April stating that being sold is the only way to solve their problems.

OUYA could finally be acquired soon as another company in the gaming industry has been involved in negotiations.

Razer, the company behind various computer and gaming equipment, is working on a deal to absorb OUYA’s technology and staff. Razer does have limited experience in video game consoles based on Android, too. Last month, the company released its Forge TV set-top box that runs Android TV. While it does not contain groundbreaking components like NVIDIA’s SHIELD, the Forge TV does allow streaming a PC games. Merging OUYA’s backbone with Android TV could result in a more impressive ‘microconsole’.

Don’t have an OUYA or Android TV device? You can still play high-end games on your phone or tablet.

Source: CNET

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