Sony unit to buy U.S. game firm Gaikai for $380 million

TOKYO Mon Jul 2, 2012 7:46am BST

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TOKYO (Reuters) - Sony Computer Entertainment said on Monday it would buy all shares in California-based gaming firm Gaikai Inc for about $380 million as loss-making Sony Corp (6758.T) seeks to strengthen its online content.

(Reporting by Mayumi Negishi; Editing by Chang-Ran Kim)

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Comments (1)
philnolan3d wrote:
So unfortunate for Sony to throw away a ton of money like that and then they will have to dump another ton into it to attempt to get the service working properly.

Jul 02, 2012 9:44am BST  --  Report as abuse
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