Sony buys cloud-streaming service Gaikai

Sony has announced a deal to acquire cloud based gaming service Gaikai for $380million USD.

The deal allows a range of content, such as high-end games, to be streamed to internet enabled devices like the PlayStation 3.

CEO of Sony Computer Entertainment, Andrew House, said: “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 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 was founded in 2008 and provides a service that enables the streaming of games to a variety of devices connected to the internet, without the need for expensive computers, tablets or smartphones.

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

“We’re honoured 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.”