An memo from OUYA CEO Julie Uhrman leaked to Fortune says the company has run out of cash and is now frantically seeking a buyer. The memo sent to investors and advisers earlier this month asks for potential buyers to express interest before the end of April, which is a tight timetable insisted upon by OUYA's creditors. This may be the end of the line for one of Kickstarter's early success stories.
OUYA Reportedly Puts Itself Up For Sale After Failing To Meet Debt Obligations was written by the awesome team at Android Police.
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