In a bid to achieve footprint into cloud-based sport streaming market, Fb has acquired Spanish video gaming agency PlayGiga.
In keeping with a CNBC report, the acquisition comes at a time when tech giants like Apple and Google have rolled out cloud-based online game streaming providers like Apple Arcade and Google Stadia.
Microsoft has additionally previewed its xCloud sport streaming service.
“We’re thrilled to welcome PlayGiga to the Fb Gaming crew,” a Fb spokesperson was quoted as saying on Wednesday.
PlayGiga was based in 2013.
“We’re excited to announce that the PlayGiga crew is transferring on to one thing new. We’re persevering with our work in cloud gaming, now with a brand new mission. We wish to thank all of our companions and clients for his or her help over time,” the corporate wrote on its web site.
Fb acquired VR headset maker Oculus for $2 billion (roughly Rs. 14,210 crores) in 2014. The social networking big has additionally launched Fb Gaming – a live-stream service that enables customers to share their gameplay.
The arrival of Cloud-based sport streaming providers like Apple Arcade, Google Stadia and the upcoming Microsoft xCloud is all set to vary the best way individuals play video games, threatening the very survival of conventional gaming business dominated by consoles like Microsoft Xbox and Sony PlayStation.
Cloud-based gaming is the brand new livestreaming pattern after music and video. One huge benefit of cloud gaming over the standard one is decrease value of setup which might be performed on smartphones, tablets, PCs and even TV.