Sony Buys Cloud Gaming Company Gaikai for $380 Million

The rumors, it appears, were true. According to a report from VG247, Sony has purchased cloud gaming company Gaikai for $380 million.

The move means that Sony will be bringing some kind of streaming capabilities to its game services. What those capabilities might be, however, hasn’t been detailed yet. Here’s a quote from the story:

As a result of the deal, Sony’s users will be able “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 SCE boss Andrew House.

The suggestion is that Sony will be adding some kind of streaming service to its next Playstation console, expected to be announced sometime next year. Not everyone feels that way, though: Wedbush Morgan analyst Micheal Pachter thinks the move is actually about streaming content to Sony’s line of TVs than to its consoles. Other speculation has suggested that Sony will use the capability for backward compatibility and allowing players to stream back-catalog games for older systems. That would allow Sony to get around issues of reworking games designed for old system to work on newer hardware.

We’ll get more information on Sony’s acquisition of Gaikai as it develops.

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2 Comments on Sony Buys Cloud Gaming Company Gaikai for $380 Million

Tiagonal

On July 3, 2012 at 9:56 am

Weird, the rumors were true.

Tiagonal, chamán de la lluvia

On February 11, 2013 at 9:00 pm

20 February… I was all wrong… It wasn’t a storm… It was a typhoon in an Open Ocean that was going to bring the new revolution… OnLive’s deathblow… G-Face’s drowning… Kusanagi’s rust. We’re not prepared, not even me… 10Mb speed connection is too much. But perhaps… they found a way.