Raising $8.6 million dollars, OUYA is one of the top ten crowd funded projects, but they still depended on borrowing $25 million from investors to stay afloat. Now, unable to settle their debts, OUYA is seeking a buyout. But who will purchase an Android console company when there seems to be too many competitors, none of which are doing too well?
Probably the highest profile Android system is the Nvidia Shield, and its TV counterpart the Shield Android TV. There's the Amazon Fire TV, Mad Catz M.O.J.O, GameStick, GamePop. A lot of TV models that have Android built in as a way to run apps, such as the LG Google TV, Bravia TVs, and more models from Philips and Sharp as well.
CEO Julie Uhrman thinks they have a lot to offer: "We believe we’ve built something real and valuable. I continue to read the tweets and emails of our fans who play OUYA every day, and our catalog is now over 1,000 apps and 40,000 developers. We have the largest library of Android content for the TV (still more than Amazon) — hells ya!"
Will someone step up and buy OUYA, or is it more attractive to pursue an in-house Android solution for their own product? We'll report when the offers come in. Do you find the idea of an Android console compelling at all? Let us know!
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Source: Fortune
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