ALL THE LATEST NEWS ABOUT THE BUSINESS OF PC GAMES

News

EA buys streaming firm GameFly's tech and team

Date Type Companies involved Size
May 23rd, 2018 Electronic Arts
GameFly
Not disclosed
EA buys streaming firm GameFly's tech and team

EA has announced the purchase of the team and tech behind cloud-streaming service GameFly.

The publisher has made this acqusition in order to "deepen EA's capabilities and expertise in cloud gaming", as well as enable user to play games from any device.

We're definitely speculating here, but it sounds like an investment for EA's Origin Access brand. When we might hear what the duo have been up to is unclear, but it's likely we won't see something at this year's E3 given that the deal has only just closed.

The GameFly team - based in Caesarea, Israel, will be working alongside the rest of the EA teams. The terms of the deal have not been disclosed.

“Cloud gaming is an exciting frontier that will help us to give even more players the ability to experience games on any device from anywhere,” EA chief technology officer Ken Moss (pictured) said.

“We’re thrilled to bring this talented team’s expertise into EA as we continue to innovate and expand the future of games and play.”

GameFly was founded in 2002 with a similar model to Netflix, i.e. posting DVDs to user's home. In The firm has since pivoted to a modern-day Netflix business model.

EA's purchase here shows a renewed interest in the streaming market. Though the sector has come and gone many a time, with casualties such as OnLive along the way, there is a new wave of streaming companies entering the market. Jump and Utomik have opted for a subscription-style model for games, while French start-up Blade has launched a hardware subscription business.


Editor - PC Games Insider

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he was hired to launch PCGamesInsider.biz for Steel Media before departing the firm in October 2019.

He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

Comments

No comments
View options
  • Order by latest to oldest
  • Order by oldest to latest
  • Show all replies