Rumours abounded recently that Sony were out to acquire either Gaikai or Onlive.
Sony finally squashed the rumours having acquired Gaikai for $380 million, a little under the $500 million that was being garnered about last week.
The announcement confirms that Sony will use the technologies gained from Gaikai to offer 'unparalleled cloud entertainment services'.
Sony now has the platform to stream a game library that far exceeds anything their rivals could possibly provide as they can achieve that on any internet-connected hardware platform as all the content will be streamed.
Going forward the acquisition could likely give an indication of what the playstation 4 could offer. Possibilities include leaving out physical media altogether and cutting down on hardware costs or pushing the focus more on providing an effective way of streaming entertainment (FULL HD TV Shows/Movies, Back Catalogue - PSOne, PS2, PS3 and PS4) from the console to multiple internet-connected devices (PSVita, Tablets, Smartphones, Laptops, TV's) with the Gaikai app installed.
It'll be interesting if Nintendo or Microsoft make a bid for Onlive to counter Sony.
What do you guys think of this acquisition?