Andrew House
Image: PlayStation

OnLive is shutting down – and Sony's whipped out its cheque book. The platform holder's announced today that it's purchased 140 patents off the closing cloud gaming company, a move which it stresses has earned it a "formidable patent portfolio" in the emerging sector. It's unclear how much it paid for the potentially lucrative licenses, but it's clear that these will be folded back into PlayStation Now.

"These strategic purchases open up great opportunities for our gamers, and gives Sony a formidable patent portfolio in cloud gaming," said a chuffed Philip Rosenberg, who's a bigwig at SCEA. "It is yet another proof point that demonstrates our commitment to changing the way gamers experience the world of PlayStation."

The Japanese giant's actually been willing to invest heavily in this area for a while, as it bought Gaikai for $380 million back in 2012 to form the foundations of PlayStation Now and Remote Play. Meanwhile, despite being the original poster child for cloud gaming, OnLive has been struggling for a while, shutting down once already before being picked back up. It'll officially close its doors for what seems like the last time on 30th April, with any existing subscriptions renewed on or after 20th March getting a full refund.