Tuesday, April 28, 2015

OUYA Reportedly Puts Itself Up For Sale After Failing To Meet Debt Obligations

nexusae0_Ouya-4_thumb.jpgAn memo from OUYA CEO Julie Uhrman leaked to Fortune says the company has run out of cash and is now frantically seeking a buyer. The memo sent to investors and advisers earlier this month asks for potential buyers to express interest before the end of April, which is a tight timetable insisted upon by OUYA's creditors. This may be the end of the line for one of Kickstarter's early success stories.

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OUYA Reportedly Puts Itself Up For Sale After Failing To Meet Debt Obligations was written by the awesome team at Android Police.





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