Sony to acquire Gaikai, Plans on Cloud Gaming Service

Sony Computer Entertainment has made an announcement that it has entered into an agreement with the California-based Cloud Streaming Gaming service provider, Gaikai.

Sony mentioned that it signed the deal on 30th June 2012 to acquire Gaikai for a value of $380 million. Sony plans on incorporating Gaikai’s superior cloud-based streaming technology into it’s own portfolio to start offering cloud-based services to it’s customers. In their own words, “establish a new cloud service, ensuring that it continues to provide users with truly innovative and immersive interactive entertainment experiences.”

“By combining Gaikai’s resources including its technological strength and engineering talent with SCE’s (Sony Computer Entertainment) 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.”