Rumor: Gaikai Seeking $500 Million Buyout?
22 Jun, 2012
Anonymous sources close to Fortune have reported the cloud gaming streaming service Gaikai is seeking to sell the company for around $500 million. Between successful funding from firms like Benchmark Capital (which recently helped Journey-makers thatgamecompany go multiplatform) and partnerships like their recently announced deal with Samsung, Gaikai has raised a reported $45 million, but that may not be enough. The rumor has reinvigorated the possibility of a potential purchase from a console maker like Sony or Microsoft, which had been circulating prior to E3. Gaikai has yet to issue a statement in light of the rumor.