Feb, 08 2011

OnLive – the folks who create a cloud gaming service which lets you stream high-quality video games to your television and PCs – received a big check from HTC to the tune of $40 million, the Wall Street Journal is reporting.

It’s the first of two strategic investments we’ve heard about this week, with the first coming in HTC’s invest in Saffron Digital on Monday, a company who works with other manufacturers and carriers for streaming media services. I smell a trend here.

HTC is obviously cooking something big here – no relation to this story we posted earlier – but we’re still trying to figure out what exactly. It’s easy to assume they’ll be putting this into their phones and (eventually) tablets, but when and how is tough to guess.

The Taiwanese company has always been about phone hardware and customized software for those phones, but content delivery is something they haven’t dipped their hand in. With OnLive on their side, they could be banking big on a service that looks like it’s going places, and it would add another degree of value to their already exceptional line of products should they embed it into future handsets.

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