SONY ACQUIRES CLOUD GAMING PLATFORM COMPANY GAIKAI FOR $380MLN
- Sony Computer Entertainment (SCE), Sony's video gaming unit, has acquired California-based cloud gaming platform company Gaikai for roughly $380 million, according to The Next Web.
Established in 2008 and headquartered in Aliso Viejo, California, Gaikai enables the streaming of games to a wide variety of devices - including mobile, tablets, and televisions - via the Internet. No downloads and no additional hardware required.
Through the acquisition, SCE says it will establish a new cloud-based interactive entertainment service. The Sony unit handles the R&D, production and sales of both hardware and software for the PlayStation line of handheld and home console video game systems. It is also a developer and publisher of video game titles.
The transaction is subject to regulatory approvals and customary closing conditions.
The purchase is also interesting because Gaikai had deals with major Sony competitors like LG and Samsung to make video games playable through their 'smart TVs'.
Gaikai also has agreements with a wide range of game retailers, including Walmart.com, Best Buy and Europe's The Game Group.
It remains to be seen what will happen with those partnerships, especially with the hardware manufacturers, who should be cursing right about now.
Gaikai's main rival is cloud gaming firm OnLive, which is backed by HTC.
- 1804 The 5000-strong Russian force beseiges Yerevan.
- 1833 Birth of Grigor Chilinkiryan (public figure and translator) in Smyrna. He died in 1923.
- 1833 Death of Ghookas Inchichyan (armenologist and geographer) in Venice. He was born in 1758.
- 1840 An earthquake (Richter Scale: 7.0) occurs at Ararat and affects a 5000 sq. km. area. It kills 1000 people.
- 1915 Russian forces retreat, resulting in a massive flight of Armenians from Van and Vaspoorakan. There are huge losses when the Turkish army massacres the remnants of the Armenian population.
- 1921 The Red Army reaches Goris.
- 1946 The first group of Diasporan Armenians are repatriated to Armenia.
- 1985 The 38th Meeting of UN Sub-Committee discusses and approves the report submitted by Great Britain's Representative, Benjamin Whittaker. The 24th paragraph of this report qualifies the Armenian Massacres as an example of Genocide.