Sony Computer Entertainment is to acquire Gaikai Inc., the world's leading cloud-based gaming company, for approximately $380 million.

"By combining Gaikai's resources including its technological strength and engineering talent with SCE's extensive game platform knowledge and experience, SCE will provide users with unparalleled cloud entertainment experiences," said Andrew House, president and Group CEO of Sony Computer Entertainment Inc. "SCE will deliver a world-class cloud-streaming service that allows users to instantly enjoy a broad array of content ranging from immersive core games with rich graphics to casual content anytime, anywhere on a variety of internet-connected devices."

David Perry, CEO of Gaikai commented: "SCE has built an incredible brand with PlayStation and has earned the respect of countless millions of gamers worldwide. We're honoured to be able to help SCE rapidly harness the power of the interactive cloud and to continue to grow their ecosystem, to empower developers with new capabilities, to dramatically improve the reach of exciting content and to bring breathtaking new experiences to users worldwide."

With this acquisition, SCE says it will establish a cloud service and expand its network business by taking full advantage of Gaikai's technology and infrastructure including data centres servicing dozens of countries and key partners around the world.

Gaikai was established in 2008.

It's not clear whether the cloud services will be used on Sony's PlayStation platforms, or if PlayStation software will be delivered to other devices via the cloud.