Facebook acquires video gaming company PlayGiga « Khabarhub
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Facebook acquires video gaming company PlayGiga


19 December 2019  

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SAN FRANCISCO: In a bid to gain footprint into the Cloud game streaming market, Facebook has acquired a Spanish video gaming firm PlayGiga.

According to a CNBC report, the acquisition comes at a time when tech giants like Apple and Google have rolled out Cloud video game streaming services like Arcade and Stadia.

Microsoft has also previewed its xCloud game streaming service.

A Spanish business newspaper Cinco Dias claimed that Facebook acquired PlayGiga for about $78 million.

“We’re thrilled to welcome PlayGiga to the Facebook Gaming team,” a Facebook spokesperson was quoted as saying on Wednesday.

PlayGiga was founded in 2013.

(Agencies)

Publish Date : 19 December 2019 21:18 PM

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