Sony acquires cloud-based gaming company Gaikai

Sony Computer Entertainment (SCE) has announced that it has entered into a definitive agreement to acquire Gaikai Inc., an interactive cloud-based gaming company, for approximately USD 380 million.

SCE has announced that it entered into an agreement on to acquire Gaikai (image: Gaikai)

Through the acquisition, SCE will establish a new cloud service, which will provide users with innovative interactive entertainment experiences.

“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 breath-taking new experiences to users worldwide.”

Gaikai has developed a cloud-streaming platform that enables the streaming of quality games to a wide variety of devices via the internet. With this acquisition, SCE will establish a cloud service and expand its network business by taking full advantage of Gaikai’s technology and infrastructure including data centers servicing dozens of countries and key partners around the world.

Staff writer