Sony Acquires Gaikai for $380 Million
I have to admit I find this news a little surprising. For one thing, E3 has come and gone, and news of this magnitude would have rocked the house at the trade show. Secondly, the higher ups at Gaikai said they wanted at least $500 million for the company and all the patents they hold. Thirdly, Gaikai just announced a new partnership with Samsung at E3 that would bring the Gaikai platform to all future Samsung Smart TVs. That brings us to today, where it has just been revealed that Sony will acquire the game-streaming company for $380 million. That’s far less than the company wanted, which is likely the reason this deal wasn’t announced at E3. They likely had more negotiation meetings to solidify all the details.
Sony Computer Entertainment’s Andy House said the new acquisition will allow PlayStation fans,
“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.”
Meanwhile Gaikai CEO David Perry explained Sony is looking to,
“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.”
What happens to the Samsung deal at this point in time remains to be seen. It should also be noted that there are many PC games being offered on the Gaikai platform and the company has many deals already in place. For example, David Perry was at Google’s I/O event last week where Gaikai was making inroads on mobile devices. Could we expect the service to remain as global and universal as before, except this time to feature PlayStation games, or will this be completely reworked? The bottom line is this deal is still very fresh and we’ll have to wait and see what comes next. What do you guys think of this news?
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