Sony buys Gaikai for $380 milliion

Posted on Jul 2 2012 - 11:22am by Moises Garza
Sony buys Gaikai for $380 milliion
Categorized as
281
Tagged as

 

In Sony’s statement today, the publisher intends to use the Gaikai acquisition to establish a new cloud service combining Gaikai’s resources with Sony’s.”By combining Gaikai’s technological strength and engineering talent with SCE’s extensive game platform knowledge and experience, SCE will provide users with unparalleled cloud entertainment experiences,” said Andrew House president and group CEO of Sony Computer Entertainment

“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.”

Gaikai was established in 2008, which enables game streaming to a variety of devices via the Internet. The platform allows players to demo and purchase full games, through a browser-based interface built on common technologies like Java and Flash.

“We’re honored to be able to help SCE rapidly harness the power of the interactive cloud and to continue to grow their ecosystem, to empower developers with new capabilities, to dramatically improve the reach of exciting content and to bring breathtaking new experiences to users worldwide,” said David Perry.

The acquisition is still “subject to certain regulatory approvals and customary closing conditions” said Sony.

Source