Scientist bids to transform video game market

A FORMER principal scientist at Apple and the founder of WebTV says his new company is set to radically transform the $46 billion (€34bn) worldwide video game market.

Steve Perlman also predicts the demise of the video game console, where Nintendo’s Wii, Microsoft’s Xbox 360 and Sony’s PlayStation 3 consoles can cost hundreds of euro.

The Silicon Valley veteran this week unveiled his new company, OnLive, that will challenge the big three console makers by providing a “cloud-based” gaming system promising on-demand access to games and no lag time.