Sony buys Gaikai for $380 Million

This is big news, Sony announced today that it will acquire Gaikai the online streaming game service for $380 million. The deal officially did close on June 30th, Sony plans to disrupt the gaming force with this purchase.

This acquisition means that partnerships with Samsung, LG, Walmart, and others may be on the horizon for Sony as well. Gaikai has been working on their relationships with manufacturers like Samsung to include their streaming games app onto the TV sets. With the acquisition of Gaikai I can see Sony offering streaming games on their PlayStation console or future generation consoles they may release. This move by Sony is in direct competition with Microsofts Xbox Live service which does not currently have a live game streaming service. However Onlive could be targeted by the giant.

Here are some thoughts from Sony and Gaikai on the acquisition:

“By combining Gaikai’s resources including its technological strength and engineering talent with Sony’s extensive game platform knowledge and experience, Sony will provide users with unparalleled cloud entertainment experiences,” said Andrew House, President and Group CEO of Sony Computer Entertainment. “Sony 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.”

“Sony has built an incredible brand with PlayStation and has earned the respect of countless millions of gamers worldwide,” said David Perry, CEO of Gaikai. “We’re honored to be able to help Sony 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 breathtaking new experiences to users worldwide.”

It will be very interesting to see where Sony takes Gaikai in the near future. I myself am not a fan of the PlayStation but this move may make me take another look at the platform in the future.

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