Sony announced this morning that it will purchase game streaming service Gaikai for $380 million in a "definitive agreement" that will see cloud gaming head to Sony Computer Entertainment's various properties. The announcement shies away from saying anything too specific, but notes that "SCE will establish a new cloud service" based on today's acquisition. The implication of course is that Gaikai will offer cloud-streaming gaming via the PlayStation 3 and Vita, not to mention any unannounced future systems and other Sony properties (Bravia televisions, for instance).

"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," SCE prez and CEO Andrew House said of the news, hinting at where we'll see Gaikai's tech implemented.

It's unclear whether the streaming tech is intended for Sony's PlayStation 3 or for future consoles unknown (or both). It's also unclear if Gaikai CEO David Perry will remain with his company in any capacity, or if he'll move to Sony, or if he's out altogether. And how does this affect Gaikai's existing partnerships with various television manufacturers (especially considering Sony's also in the television market)? We're not sure just yet.

Gaikai was recently rumored to be seeking a buyer, to the lofty tune of $500 million. Today's news sees them coming up $120 million short of that number.Continue reading Sony buying streaming game service Gaikai for $380 million, to establish 'new cloud service'
Sony buying streaming game service Gaikai for $380 million, to establish 'new cloud service' originally appeared on Joystiq on Mon, 02 Jul 2012 07:11:00 EST. Please see our terms for use of feeds.

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