Facebook acquired PlayGiga cloud gaming stadia-xcloud-playstation

Facebook acquired PlayGiga cloud gaming stadia-xcloud playstation

PlayGiga Madrid based cloud gaming company acquired by Facebook.

Facebook acquired PlayGiga cloud gaming stadia-xcloud-playstationSocial Network site Facebook has acquired "PlayGiga", a Madrid based cloud gaming startup company in 70 million euros 
 ($78 million). 

PlayGiga is a far smaller cloud gaming company, but prior to the acquisition it had plans to expand. As well as its existing four markets, it was previously planning a launch in the Middle East, and had explored offering its 300-strong library of games in Sweden, Austria, the Netherlands and Guatemala. 

There is  no guarantee that Facebook will use the acquisition to launch a cloud gaming service of its own, but PlayGiga’s publisher relationships and streaming technology would make it a lot easier to do so.

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