Sony acquires Gaikai

Deal allows conglom to establish new cloud service

Fine-tuning its presence in the cloud, Sony is acquiring Gaikai Inc., a leading global interactive cloud-based gaming company, for about $380 million.

Deal allows Sony Computer Entertainment to establish a new cloud service “ensuring that it continues to provide users with truly innovative and immersive interactive entertainment experiences,” the company said in a statement.

Combining Gaikai’s tech muscle and engineering talent with SCE’s background in game platforms 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, prexy and group CEO of SCE.

“SCE has built an incredible brand with PlayStation and has earned the respect of countless millions of gamers worldwide,” said Gaikai CEO David Perry. Gaikai, based in Aliso Viejo, Calif., was launched in 2008.

“We’re honored to be able to help SCE rapidly harness the power of the 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.”

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Digital News from Variety

Loading