If a developer managed to meet all the qualifications, which includes their Kickstarter campaign being successfully funded, then Ouya would match the amount the Kickstarter campaign target was for.
Razer will offer developers still owed money a new contract, whose specifics are yet to be drawn up but whose terms have broadly been hammered out already. The transaction was completed on June 12 and Razer’s plans are to move the users of the Ouya gaming console onto its own Forge TV console.
Razer will be paying Ouya’s debts to developers, which amount to almost $620,000. Speaking with Polygon, Razer CEO Min-Liang Tan, revealed that he’d been getting down to the bottom of things for most of the day yesterday despite travelling to the ChinaJoy game show.
While Razer is not retaining interest in OUYA hardware or related other assets, it says that it will be publishing Android TV content and Android-based TV console games under the OUYA moniker as a separate interest. Thanks to a clause in the Free the Games contract that developers signed, Ouya was able to back out of the deal since it no longer counted as an actual company. This will make it a straight rival to the Nvidia Shield Android TV Console which also has over 50 Android optimised games at launch. Ouya CEO and co-founder Julie Uhrman has been confirmed to not be moving to the Razer parent company, as reported by TechCrunch.
Over the past year, Razer unveiled its Razer Forge TV, a high-performance Android TV micro-console to bring Android gaming into the living room, accompanied by a gaming controller, the Razer Serval. Participating developers will now sign a new agreement with Razer that drops the exclusivity requirement in exchange for the developer providing matching free downloads on Razer’s new Cortex TV platform.
The company also intends to bring myriad additional games to the Android platform it has purchased, through increased investment in developer and publisher programs, and with complementary technology partner initiatives.
Considering how unique and effective the original OUYA initiative turned out to be, we’re pretty stoked about the announcement and its acquisition of the OUYA content and brand.
Razer continues to prove that it is serious about Android gaming. We’ll keep you posted as we get more details.
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