Despite the massive structural changes being taken by Onlive, it will still exist on the upcoming cloud-based Ouya console.
The Android-powered device had been slated to support Onlive, but that relationship came into question when Onlive sold all of its assets and laid off around half of its employees.
But Ouya has confirmed that its experience to end users should remain as unchanged as possible. When the Onlive sale happened, the company said, "All previously announced products and services, including those in the works, will continue and there is no expected interruption of any Onlive services."
Ouya boasts a quad-core Nvidia Tegra 3 processor, 1GB of RAM and 8GB of storage.
Since making a small splash on online enthusiast sites, it has gained viral attention. Its addition to Kickstarter to earn development funds from people wanting to get in on the ground floor has been incredibly successful.
There are tens of thousands of investors in the Ouya project on Kickstarter.
Most investors have plunked down at least $99, at which point the company says it will provide a console and a controller.
Streaming video game devices appear to be the big thing these days. Onlive is as popular as ever, and is poised to get a large boost when it fully integrates with Google TV.
And Sony just acquired Gaikai, the other key player in the "Netflix for video games" market.
Of course, Android isn't exactly the biggest name in the world of gaming, so this project is very interesting in many respects. We'll see if it can pull of what it's trying to achieve.