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Facebook Acquires Cloud Gaming Company PlayGiga

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5 years ago

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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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