Sony Computer Entertainment (SCE) has acquired the cloud gaming firm Gaikai.
Rumors of acquisition were already flying high in the market before E3 but now Sony has officially announced about the acquisition of Gaikai for approximately $380 million.
With this acquisition, Sony now will "establish a cloud service and expand its network business by taking full advantage of Gaikai's revolutionary technology and infrastructure including data centers servicing dozens of countries and key partners around the world."
"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. "SCE 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."
Gaikai was established in 2008 and has its headquarter in Aliso Viejo, California. The company has developed the highest quality, fastest interactive cloud-streaming platform for Internet streaming of demo games to a wide variety of devices such as PCs, digital TVs, tablets, and smart phones.
"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 is, however, still unclear how Sony Computer Entertainment will use Gaikai's technology. Earlier rumors indicated that the electronics company struck a deal with Gaikai to bring back catalog of games of PlayStation 1 and PlayStation 2.
