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July 2, 2012 03:27 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7nxgNGjyrY4/
Sony Puffs Up Its Gaming Cloud, Buys Gaikai For $380M. OnLive Next In Line For A Buyer?
Some more consolidation in cloud-based gaming services: Sony Computer Entertainment announced today that it will pay $380 million to acquire Gaikai, the California-based provider of a platform that currently delivers some 40 games, including Mass Effect, the Sims, and Fifa Soccer, as cloud-based services to a variety of devices, without the need of a games console. We'd first heard murmurs about a tie-up between Gaikai and Sony in May, and the deal raises questions of what might happen next with rival streaming platformOnLive.The move is a sign of how console-based companies are feeling the pressure to offer other, cheaper routes to accessing games content via other devices, as revenues from hardware-based services decline. Sony, makers of the PlayStation, says that as a result of the deal, it will establish a new cloud gaming service, as yet unnamed.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7nxgNGjyrY4/
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