Sony Buys Gaikai Cloud Gaming Service for $380M

Late last night, Sony announced that it will acquire Gaikai, one of the two major cloud-gaming providers, for $380M USD. Sony will be using the new company to create a cloud gaming service which will ostensibly allow people to play high quality games instantly using their web connection and removing the need to buy a disc or download the game. It's a huge deal and it begs the question - will someone be coming after OnLive, the other major competitor, in the near future?

Late last night, Sony announced that it will acquire Gaikai, one of the two major cloud-gaming providers, for $380M USD. Sony will be using the new company to create a cloud gaming service which will ostensibly allow people to play high quality games instantly using their web connection and removing the need to buy a disc or download the game. It’s a huge deal and it begs the question – will someone be coming after OnLive, the other major competitor, in the near future?

We’ve covered Gaikai in the past, and as they’ve grown they’ve improved their technology and their offerings.

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