OnLive CEO Leaves Company

<p>The latest news in the OnLive saga is that CEO Steve Perlman has left the company&period; OnLive is one of the first cloud gaming services and was forced into bankruptcy last week which lead to massive layoffs of the staff&period;<&sol;p>&NewLine;<p>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&period;<&sol;p>&NewLine;<p>Perlman announced today that he is leaving OnLive to pursue new goals and that venture capitalist&comma; Gary Lauder will be taking over as CEO after he purchased the company’s assets&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Steve has created an extraordinary company that no one else could have created&period; He is a unique entrepreneur and deserves his legendary status in Silicon Valley as a creator of groundbreaking companies&comma;&&num;8221&semi; Lauder said&period; &&num;8220&semi;The new OnLive is emerging with greater financial security and a brighter outlook on the future&period; OnLive is now positioned to execute against longer-term projects with our breakthrough technology&comma; products&comma; and services&period;&&num;8221&semi;<&sol;p>&NewLine;<p>There is no word as to what exactly Perlman is working on&comma; but we probably won’t have to wait long&period;<&sol;p>&NewLine;<p>&lpar;Via <a href&equals;"http&colon;&sol;&sol;www&period;gamesradar&period;com&sol;onlive-ceo-steve-perlman-exits-company-after-collapse&sol;">GamesRadar<&sol;a>&rpar;<&sol;p>&NewLine;