OnLive has been in trouble for the last few months. In fact, the company looked like it was on the verge of collapse, firing all of its staff and actively looking for buyers. Then, at the last minute, an investor saved the day.

His price? $4.8 million.

According to a report released just this week, that’s the total investment it took to purchase OnLive’s entire streaming operation. And, apparently, it’s way better than the service was hoping for, considering it had $18.7 million in debt. The price indicates that many of OnLive's creditors aren't getting much back on their dollar.

Gamasutra offers the purchase of Gaikai as a reference point—Sony dropped $380 million on the service back in the spring.

All things considered, $4.8 million is a pretty solid price assuming Lauder can turn the company into a profit-generator. We’ll just have to wait and see.

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