Home » News » Games News » Sony Buys Gaikai Cloud Gaming Service For $380m

Sony Buys Gaikai Cloud Gaming Service For $380m

by | Go to comments

Share:
Sony Computer Entertainment
Cloud gaming could become a key part of the PlayStation platform after Sony’s deal to buy Gaikai

Sony Computer Entertainment has bought the California-based cloud gaming company Gaikai for a reported $380 million (about £242m).

Gaikai was set up in 2008 and allows console-calibre games to be streamed onto various devices such as mobiles, tablets and Smart TVs via a broadband internet connection.

It recently released the beta version of a feature to enable Facebook users to play games from within most major web browsers.

It’s a sign of the times that Sony, one of the major video game console creators, should back a company that provides games to players without them needing to buy a specific piece of hardware.

According to The Next Web, Sony says it will use the acquisition to establish a new cloud-based interactive entertainment service.

Gaikai

Sony Computer Entertainment develops all aspects of the PlayStation line-up of handheld and in-home consoles and is a games publisher itself.

Gaikai has deals in place to supply its app on Smart TVs from Sony’s competitors in this field such as Samsung and LG. Sony’s purchase could alter the terms of those agreements.

The transaction is also subject to the usual regulatory approvals. The main rival to Gaikai is OnLive, a venture backed by HTC.

Via The Next Web

Image: Gaikai

Go to comments
comments powered by Disqus