Sony Computer Entertainment acquires Gaikai for $380 million

Sony Computer Entertainment is to acquire cloud gaming company Gaikai Inc., a California-based cloud-gaming company for about $380 million (£242 miilion), it has been confirmed.


Established in 2008, Gaikai provides a cloud-based platform that enables users to stream games on an array of devices.

Gaikai previously partnered with Samsung and LG to provide cloud-based games for their smart TVs, such as Mass Effect 3 and Need for Speed: The Run.

The acquisition will help Sony ramp up its online content offerings: it is now planning to establish a new cloud service based on Gaikai's platform in order to provide "immersive interactive entertainment experience

Via - Cnet

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