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Sony buys cloud gaming company for £242 million

3 Jul 2012 12:00 AM | Anonymous

Sony has announced the purchase of gaming cloud platform Gaikai for £242 million. The finalisation of the deal had been rumoured for several weeks.

The company provides cloud gaming services enabling PC titles to be run through the internet and streamed to the user without the use of powerful software.

Sony’s implementation of the software has yet to be announced, but it is likely to be integrated into the release of PlayStation 4.

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