Waller Capital Advises OnLive on Sale to Sony

OnLive has been acquired by Sony.

OnLive is a cloud gaming and technology company with consumer and enterprise offerings.  With over 140 U.S. and international patents supporting its innovative technology, OnLive is pioneer in cloud-based content delivery.

Sony’s Computer Entertainment division will utilize OnLive’s technology to enhance its existing cloud-based offerings.  The business now holds a strong position in the cloud gaming market that will provide unique capabilities for its PlayStation platform.

Waller Capital served as the exclusive financial advisor to OnLive on the transaction.