Jul 2, 2012

Sony acquires cloud gaming service Gaikai for $380 million

Sony acquires cloud gaming service Gaikai for $380 million

. Sony Computer Entertainment, Sony's gaming arm, announced on Monday that it has agreed to acquire California-based cloud gaming firm Gaikai Inc. for $380 million. Sony says the deal will allow it to launch a new cloud service, though the company did not elaborate on exactly what features the new service might offer. “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,” said SCE group president Andrew House in a statement.

Boy Genius Report , Sony acquires cloud gaming service Gaikai for $380 million, Sony acquires cloud gaming service Gaikai for $380 million

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