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.
(via Fortune)
About the author
Gavin Greene
Elder Geek installed GavinGreene.exe into its News editorial directory in May of 2009. The resulting mobile humanoid server has developed frighteningly realistic obsessions with RPGs, Adventure Games, and Industry Politics, and may be the harbinger of the inevitable singularity. Follow him on Twitter @ElderGeekGav
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