Industry News

Facebook Acquires Cloud Gaming Company PlayGiga

Published

5 years ago

December 20, 2019

Niji Narayan

Facebook Acquires Cloud Gaming Company PlayGiga

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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.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.