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23/06/2012

Fortune: Gaikai looking to sell streaming game business for $500+ million

Fortune: Gaikai looking to sell streaming game business for $500+ million: via cdn2.sbnation.com






Fortune is reporting that Gaikai is on the market: the streaming game company has hired bankers and is looking for a buyer to spend "well in excess of $500 million," according to the publication's anonymous sources. We can't say whether that would be a fair price for the firm or not, but it's definitely a company to watch: we recently spent an entire day at Gaikai's Aliso Viejo HQ, and discovered that the team's ambitions go way beyond getting gamers to pay for a cloud-based game or twelve.


When we reached out, Gaikai wouldn't comment on what it characterized as a rumor, but this isn't the first time this month that the company's allegedly been headed towards a sale. Earlier this month, multiple independent publications reported that...



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