Facebook Acquires Cloud Gaming Startup PlayGiga

The Madrid-based company was founded in 2013

Reports valued the deal at nearly $77.8 million PlayGiga

A notice on the homepage for Madrid-based cloud gaming startup PlayGiga says its team is “moving on to something new,” and that something new is Facebook.

@9Number9 david.cohen@adweek.com David Cohen is editor of Adweek's Social Pro Daily.