SCE to Build a Cloud Service Bringing Gaikai\u2019s Cloud Based-Streaming Technologies into its Network Business<\/p>\n
\u00a0<\/strong>Tokyo, July 2, 2012<\/strong> \u2013 Sony Computer Entertainment (SCE) today announced that it entered into a definitive agreement on June 30, 2012 (Japan Time) to acquire Gaikai Inc., the world\u2019s leading interactive cloud-based gaming company, for approximately USD 380 million.\u00a0 Through the acquisition, SCE will establish a new cloud service, ensuring that it continues to provide users with truly innovative and immersive interactive entertainment experiences.<\/p>\n \u201cBy combining Gaikai\u2019s resources including its technological strength and engineering talent with SCE\u2019s extensive game platform knowledge and experience, SCE will provide users with unparalleled cloud entertainment experiences,\u201d said Andrew House, President and Group CEO of Sony Computer Entertainment Inc. \u201cSCE 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.\u201d<\/p>\n \u201cSCE has built an incredible brand with PlayStation and has earned the respect of countless millions of gamers worldwide,\u201d said David Perry, CEO of Gaikai Inc., \u201cWe\u2019re honored to be able to help SCE rapidly harness the power of the interactive cloud and to continue to grow their ecosystem, to empower developers with new capabilities, to dramatically improve the reach of exciting content and to bring breathtaking new experiences to users worldwide.\u201d<\/p>\n Established in 2008 and headquartered in Aliso Viejo, California, Gaikai has developed the highest quality, fastest interactive cloud-streaming platform in the world that enables the streaming of quality games to a wide variety of devices via the internet.\u00a0 With this acquisition, SCE will establish a cloud service and expand its network business by taking full advantage of Gaikai’s revolutionary technology and infrastructure including data centers servicing dozens of countries and key partners around the world.<\/p>\n The transaction is subject to certain regulatory approvals and customary closing conditions.<\/p>\n SCE will continue to aggressively expand a new world of entertainment through the introduction of innovative technologies and the delivery of amazing experiences.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" SCE to Build a Cloud Service Bringing Gaikai\u2019s Cloud Based-Streaming Technologies into its Network Business \u00a0Tokyo, July 2, 2012 \u2013 Sony Computer Entertainment (SCE) today announced that it entered into a definitive agreement on June 30, 2012 (Japan Time) to acquire Gaikai Inc., the world\u2019s leading interactive cloud-based gaming company, for approximately USD 380 million.\u00a0<\/p>\n