This isn’t exactly surprising news but it is interesting to see it seem to come sharply into focus. Gaikai, the streaming game service that rivals OnLive, appears to be readying itself for a sale. The report, over on CNN and Fortune, quotes a “source” as indicating that the company is hiring bankers and is expecting a price tag of $500 million to be met by whoever the eventual purchaser might be.
There’s no word on who might end up landing the company but obvious candidates include all of the existing console makers as well as some of the larger publishers like EA (who they already partner with) or Activision. There’s also bound to be speculation that one of the big TV companies might take a chance on them for future smart TV integration.
It’s an awfully large price tag for the company which was founded with Venture Capital funding of $45 million and I would speculate that it could be enough to put off some potential suitors. Shall we just jump ahead a few days and start the Apple speculation now? They’ve got more money than anyone else and already have a little box on the market that delivers streaming content to television screens – as well as much speculation that there’s a full-on Apple television in development.
Of course, that’s complete speculation but I thought I’d get it in before the rest of the internet arrives at that conclusion. Let’s just mention Valve as well, before we close. Just to be on the safe side.