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Sony Acquires Gaikai for $380 Million, Cloud Gaming Coming Soon

Sony Acquires Gaikai for $380 Million, Cloud Gaming Coming Soon

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On 31 June, Sony Computer Entertainment (SCE) acquired Gaikai Inc., popular cloud based gaming company. For this deal, Sony has paid $380 million.

Now Sony will establish a new cloud gaming service which will provide better gaming experience.

“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 Andrew House, President and Group CEO of Sony Computer Entertainment Inc. “SCE will deliver a world-class cloud-streaming service that allows users to 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 and 2008 and headquartered in Aliso Viejo, California. Company has developers interactive and high quality cloud streaming platform which enables game streaming on various devices on the internet.

Sony also confirmed that Sony won’t turn Gaikai’s cloud service into an exclusive one for PlayStation devices like the PS3 or PS Vita. So we can expect a new gaming service from Sony parallel with existing gaming services PS2, the PS3 and the handheld PSP

“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, CEO of Gaikai Inc.

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Deepanker Verma

About the Author: Deepanker Verma

Deepanker Verma is the Founder and Editor-in-Chief of TechloMedia. He holds Engineering degree in Computer Science and has over 15 years of experience in the technology sector. Deepanker bridges the gap between complex engineering and consumer electronics. He is also a a known Security Researcher acknowledged by global giants including Apple, Microsoft, and eBay. He uses his technical background to rigorously test gadgets, focusing on performance, security, and long-term value.

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