Sony acquires cloud gaming firm Gaikai for $380m

Sony acquires cloud gaming firm Gaikai for $380m
Craig Chapple

By Craig Chapple

July 2nd 2012 at 9:27AM

SCE to establish cloud service by taking control of Gaikai's infrastructure of data centres

Sony has acquired cloud streaming firm Gaikai for $380 million, it has been revealed.

Confirming recent rumours, Sony Computer Entertainment is to establish a cloud service by taking control of Gaikai's infrastructure of data centres.

The fee is less than the $500 million Gaikai had reportedly been looking for.

It is unclear however how the service will be used, but it is like it will be a service integrated into the yet-to-be announced PS4.

The acquisition is subject to regulatory approval.

“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 president Andrew House.

“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 CEO David Perry added: “SCE has built an incredible brand with PlayStation and has earned the respect of countless millions of gamers worldwide.

“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.”