Sony Buys Gaikai For $380 Million


Gaikai is a revolutionary streaming service that allows players to demo popular games over their browser, without the wait or bandwidth of downloading the increasingly growing games. Currently demos are very limited both in time and size, with most games only offering a few levels and up to an hour of gameplay.

Games Industry is reporting that Sony has acquired Gaikai to the tune of $380 million. Sony Computer Entertainment President Andrew House had the following to say:

“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,”

There are numerous competing developers currently using Gaikai’s services to stream their games. What does this mean for competing products on Gaikai? Only time will tell.

(Source: Gamesindustry.biz)