Razer Officially Acquires OUYA

Razer Inc., the American-based company that specializes in products marketed specifically to gamers, has officially announced that the company has reached a deal with OUYA, in order to acquire its Software Assets.

Razer has confirmed that its has acquired the OUYA Software Assets, including its content catalog and online retail platform, and that OUYA's technical team and developer relations personnel will be joining Razer's software team, while its store will be as re-launched as Cortex for Android TV, which will be delivering premier destination for Razer Forge TV games and other content.

The company has also announced that it will be providing existing OUYA users with a "clear path" of migration to the "more advanced" Forge TV micro-console and Serval controller bundle, while allowing them to bring their games, controllers, and accounts to the Cortex TV platform, as well as offering some "deep product discounts" for incoming OUYA users to purchase Razer hardware, alongside freebies, giveaways, and promotions.

According to Min-Liang Tan, Razer Co-Founder and CEO "Razer has a long-term vision for Android TV and Android-based TV consoles, such as the Xiaomi Mi Box and Alibaba Tmall Box, to which OUYA already publishes," He continued "OUYA’s work with game developers, both triple A and indies, went a long way in bringing Android games to the living room and Razer intends to further that work. This acquisition is envisaged to usher more developers and content to the Android TV platform".

Unfortunately, Razer and OUYA Financial details of the transaction hasn't been officially revealed. Although the company has announced that this deal was closed June 12, 2015.