Microsoft is vying for recently laid off employees from Palo Alto-based cloud gaming company OnLive by hosting an industry mixer at its Silicon Valley campus in Mountain View. The event will take place August 27, where Microsoft recruiters will scout out potential hires to help vamp up Microsoft’s presence in cloud gaming and the future of Xbox.
Their specialization in cloud gaming and its innovation has made former OnLive employees strategic hiring targets for Microsoft. In its official invite, Microsoft candidly announces: “We are eager to speak to individuals and teams affected by the OnLive transition. With the stunning success of Xbox/Kinect and the accelerated growth of this business, we are looking to add key players who want to make a real impact in creating groundbreaking new products and services.”
In a dramatic personnel change, OnLive mysteriously laid off its staff about 2 weeks ago. The mystery was solved when a week ago the company announced that it was over $30 million in debt and on the verge of going under.