Sony to Acquire Gaikai Cloud Gaming Company
Sony Computer Entertainment (SCE) today announced that it entered into a definitive agreement on June 30 to acquire Gaikai Inc., a leading interactive cloud-based gaming company, for approximately USD 380 million.
Through the acquisition, SCE will establish a new cloud service.
“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,” said Andrew House, president and group CEO of Sony Computer Entertainment Inc.
[ Also Read: Cloud Union Offers Cloud Gaming Platform ]
Read More Acquisition Stories:
- Facebook Likes Instagram; Buys it for $1 Billion
- SAP to Acquire Syclo for Enterprise Mobility
- LinkedIn to Acquire SlideShare for $118 Million Only
- IBM Buys Out Vivisimo to Target Big Data
- IBM Completes Acquisition of Tealeaf Technology
- Microsoft to Shell out $1.2 Billion to Acquire Yammer
Established in 2008 and headquartered in Aliso Viejo, California, Gaikai has developed an interactive cloud-streaming platform that enables the streaming of games to a wide variety of devices via the internet.
With this acquisition, SCE will establish a cloud service and expand its network business by taking full advantage of Gaikai’s technology and infrastructure including data centers servicing different countries and key partners around the world, says the company.
Photo courtesy: Sony
