Fortune: Gaikai looking to sell streaming game business for $500+ million

via cdn2.sbnation.com

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Fortune is reporting that Gaikai is on the marketplace: the streaming game service provider has actually employed bankers and is looking for a buyer to spend “well in excess of $ 500 million,” according to the publication’s anonymous sources. We just can’t point out whether that would certainly be a fair rate for the firm or not, but it’s absolutely a service provider to see: we just recently spent an entire day at Gaikai’s Aliso Viejo HQ, and found out that the team’s ambitions go method past getting gamers to pay for a cloud-based game or twelve.

When we reached out, Gaikai wouldn’t comment on just what it defined as a rumor, but this isn’t the first time this month that the service provider’s allegedly been headed towards a sale. Earlier this month, multiple independent publications reported that …

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