Gaikai looking for a buyer

The cloud-streaming service will serve itself up to the tune of $500 million

News by Mike Williams Reviews Editor, USgamer

Published on June 21, 2012

Anonymous sources have told CNN Money that Gaikai is looking for a buyer. The cloud-streaming service has apparently already hired bankers and is looking for a purchase price above $500 million.

Gaikai differs from rival OnLive in that it has no direct consumer service, instead choosing to aim at publishers and developers. The company has already raised around $45 million in funding and has partnered with Electronic Arts, WalMart, Facebook, and Youtube.

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