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Facebook Acquires Cloud Gaming Company PlayGiga

Facebook Acquires Cloud Gaming Company PlayGigaReading Time: < 1 minute

 

Facebook has acquired the cloud gaming startup PlayGiga. The deal reportedly amounted to 70 million Euros (US$78 million).

PlayGiga also posted a statement on its website that drops a hint about the social network’s purpose for the acquisition. “We are continuing our work in cloud gaming, now with a new mission,” it reads.

Facebook may take what learned from Instant Games and apply it to the new service. Instant Games, which launched in 2016, gives users access to games across devices with no downloads required. It only offers HTML5 titles, though a proper cloud gaming service will allow Facebook to offer a wider variety and more high-quality games.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Facebook Acquires Cloud Gaming Company PlayGiga

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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