HomeUSASony Computer Entertainment to Acquire Gaikai for $380M

Sony Computer Entertainment to Acquire Gaikai for $380M

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Sony Computer Entertainment entered into an agreement to acquire Gaikai Inc., an interactive cloud-based gaming company, for approximately $380m.

With this acquisition, which is still subject to certain regulatory approvals and customary closing conditions, Sony Computer Entertainment will establish a cloud service and expand its network business by taking advantage of Gaikai’s technology and infrastructure including data centers servicing dozens of countries and key partners around the world.

Established in 2008, Aliso Viejo, California-based Gaikai has developed an interactive cloud-streaming platform that enables the streaming of quality games to a wide variety of devices via the internet.

FinSMEs

04/07/2012

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