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July 27, 2015 04:05 pm GMT

Razer acquires OUYA's software and development teams

Ouya-controller-hand

Pieces of console maker OUYA have been acquired by Razer after at least a month of rumors and speculation, the companies confirmed on Monday.

The company behind the hackable, Android-powered $99 console that blew up on Kickstarter in 2012 is being broken up for an all-cash deal to Razer, TechCrunch reported, citing the CEOs of Razer and OUYA. The company will pick up OUYA's software and development teams, but not the hardware business, to bolster its own Android-powered set-top box.

See also: 5 E3 gems that owe their success to Kickstarter

Welcome to the family, @playouyapic.twitter.com/QBkUjd4C53

— Razer (@Razer) July 27, 2015 Read more...

More about Entertainment, Gaming, Tech, Razer, and Gadgets

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/yeg15bgGF4k/

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