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by 001sky 4987 days ago
A similar pattern was recently in the news here: Onlive.

August 17, 2012 > OnLive lays off all employees, assets sold to new company [0]

5:20 PM - August 17, 2012 > OnLive Denies It's Shutting Down, Won't Comment on Layoffs [1]

08/20/2012 10:11:33 AM PDT > Game company OnLive reveals new details of restructuring [2]

Winding down a business might mean they are trying to orchestrate a merger or aq-hire. Or a whole host of other things. For which you would not want your name in the news (sensitive negotiations, or wat-ever).

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“We don’t respond to rumors, but the service is not shutting down,” OnLive said. [3]

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[0] http://www.gamasutra.com/view/news/176180/OnLive_lays_off_al...

[1] http://www.tomshardware.com/news/OnLive-Shutting-Down-Layoff...

[2] http://www.mercurynews.com/entertainment/ci_21351760/game-co...

[3] "Just a short while ago reports emerged that the gaming and virtual-desktop software start-up had issued pink slips to all of its employees and was effectively shutting down the service. The first part, we’re told by an OnLive spokesperson, is not the case." http://allthingsd.com/20120817/onlive-denies-reports-that-it...

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