Sony Acquires Gaikai Cloud Gaming

on Monday, July 2, 2012

Today Sony Computer Entertainment has announced that they will be purchasing Gaikai, the cloud gaming service for $380. Gaikai was first established back in 2008 and has created a worldwide cloud-streaming service that provides a variety of games to a range of devices via the internet. 

Once the purchase has gone through Sony will be looking to create its own cloud game service. Andrew House, President and Group CEO of Sony Computer Entertainment Inc. explains:
“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.”
As always the acquisition is subject to certain regulatory approvals and customary closing conditions.