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Sony acquires cloud-based gaming firm Gaikai for $380 million

Sony acquires cloud-based gaming company Gaikai for $380 million, is this the future of PlayStation?
| BREAKING STORY News | Posted: Jul 2, 2012 7:14 am

It looks like the rumors that were going around a few weeks ago were right, as Sony have just acquired cloud-based gaming firm Gaikai for $380 million. The news is very new, so there's not much meat here.

 

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Gaikai is a California-based company, and until now, the company had only raised $45 million in funding. So this acquisition could be a knee-jerk reaction to NVIDIA's cloud-based future of gaming with GeForce Grid, or the future of gaming in general. More as it comes.

NEWS SOURCES:Thenextweb.com

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