Sony picks up cloud-gaming firm Gaikai

Clouds on the horizon for Sony's games business

After months of speculation and public denials Sony has finally announced that they have acquired the cloud-gaming firm Gaikai.

Gaikai is already one of the main players in the cloud-gaming world alongside OnLive and their technology already powers some live game demo services.

Sony has managed to pick up David Perry's Gaikai for around 380 million USD which is a healthy price given that the rumours were indicating that they'd spent 500 million USD on the deal.

The deal represents a significant indication that Sony is committed to the potential of cloud gaming as part of their future with SCE CEO Andrew House saying that they would now be looking to "aggressively expand" their entertainment offerings in part by streaming games and other content to "a variety of internet-connected devices."

Thanks Gamasutra.

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