Sony buys cloud gaming company Gaikai
July 2, 2012
Sony has confirmed the purchase cloud gaming company Gaikai for $380 million.
Gaikai is a cloud-based game service which allows users to play high-end PC titles by streaming the content via a broadband connection. Consumers never need to download the games, and don’t need advanced PCs to play because the content is running across the web.
The deal will see Sony acquire Gaikai’s cloud-based infrastructure and survivor network.
Commenting on the purchase, Sony Computer Entertainment president Andrew House said: “By combining Gaikai’s resources including its technological strength and engineering talent with SCE’s extensive game platform knowledge and experience, SCE will provide users with unparalleled cloud entertainment experiences.
“SCE will deliver a world-class cloud-streaming service that allows users to instantly enjoy a broad array of content ranging from immersive core games with rich graphics to casual content anytime, anywhere on a variety of Internet-connected devices.”