Cloud Gaming Company Shadow Files For Bankruptcy

Updated:09:21 PM CEST Sep,21

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Gameguru Mania News - Mar,09 2021 -

Cloud Gaming Company Shadow Files For Bankruptcy - briefly
(hx) 11:53 PM CET - Mar,09 2021 - Post a comment
Cloud gaming companies have had limited success with Google recently shutting down Stadia game studios and NVIDIA having trouble getting games for their platform. Shadow, the cloud gaming service operated by Blade looked promising with high-end hardware and a large wait-list of customers however it all appears to have come to an end after the company filed for bankruptcy earlier this month. The Paris Commercial Court ruled that the server provider 2CRSi used by Shadow retains the right to take 30.2 million EURO worth of hardware to pay debts owed. The US branch of the company also filed for bankruptcy in the California Northern Bankruptcy Court with similar debts owed to 2CRSi. Blade issued a statement claiming that their Shadow game streaming service had been a victim of its own success and that they hope to find a new investor for the company so that they can keep it's hardware.

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