Facebook acquires cloud gaming startup PlayGiga


Facebook's acquisition of PlayGiga could be seen as a sign that the social media giant may want to launch its own cloud gaming service as well. — Reuters

LOS ANGELES: Facebook has acquired the Spanish cloud gaming startup PlayGiga, according to reports from CNBC and Spanish business newspaper Cinco Dias. The social media giant reportedly spent €70mil (RM322.49mil) for the startup.

Facebook confirmed the acquisition Dec 18 afternoon. "We're thrilled to welcome PlayGiga to the Facebook Gaming team," A Facebook spokesperson told Variety, adding cheekily: "We'll decline further comment for now."

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