Sony buys Gaikai for $380 million, new cloud service on the horizon

Posted By | On 02nd, Jul. 2012 Under News | Follow This Author @KartikMdgl


Sony has acquired cloud service Gaikai for $380 million, and with this acqusition it aims to create a new service using Gaikai technology “ensuring that it continues to provide users with truly innovative and immersive interactive entertainment experiences.”

There were a lot of rumours of this happening earlier, but somehow fell off people’s radars, until now.

“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 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.

“SCE has built an incredible brand with PlayStation and has earned the respect of countless millions of gamers worldwide,” said David Perry, CEO of Gaikai Inc.

“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.”

This is particularly interesting considering David Perry of Gaikai completely denied the rumours few weeks ago.

“I wasn’t even at the Sony press conference. I was sitting in my hotel room, and I know everyone was like, ‘Are they going to announce cloud gaming?’ And I was like, ‘No, they’re not going to announce cloud gaming.’ I wasn’t even there!”

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