OnLive CEO Leaves Company

The latest news in the OnLive saga is that CEO Steve Perlman has left the company. OnLive is one of the first cloud gaming services and was forced into bankruptcy last week which lead to massive layoffs of the staff.

The good news for those that have the OnLive console or an account is that much of the company will continue as a reformed entity.

Perlman announced today that he is leaving OnLive to pursue new goals and that venture capitalist, Gary Lauder will be taking over as CEO after he purchased the company’s assets.

“Steve has created an extraordinary company that no one else could have created. He is a unique entrepreneur and deserves his legendary status in Silicon Valley as a creator of groundbreaking companies,” Lauder said. “The new OnLive is emerging with greater financial security and a brighter outlook on the future. OnLive is now positioned to execute against longer-term projects with our breakthrough technology, products, and services.”

There is no word as to what exactly Perlman is working on, but we probably won’t have to wait long.

(Via GamesRadar)

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