Sony acquiring Gaikai

Sony Computer Entertainment have just announced that they started the agreement process to acquire cloud based gaming company Gaikai. The acquisition will cost Sony approximately $360 M, and this investment will continue to expand Sony's portfolio of entertainment services provided to their consumers. Matching Gaikai's innovative resources and technological strength with Sony's experience in the gaming industry will allow for a huge expansion in Sony's platform. Gaikai was founded back in 2008, and throughout their operation, they have provided an exceptional cloud based gaming service, providing the streaming of top quality games on a variety of devices.