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Sony acquires cloud gaming company Gaikai

9:55 AM, Jul 2, 2012   |    comments
Sony Computer Entertainment of America, Inc.
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Sony Computer Entertainment has agreed to acquire Gaikai Inc., the world's leading interactive cloud-based gaming company, for approximately $380 million.  Through the acquisition, SCE will establish a new cloud service 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 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."

Established in 2008 and headquartered in Aliso Viejo, California, Gaikai specializes in interactive cloud-streaming electronic entertainment service 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.

The transaction is subject to certain regulatory approvals and customary closing conditions.

SCE says they will continue to aggressively expand a new world of entertainment through the introduction of innovative technologies and the delivery of amazing experiences.


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