Cloud gaming service Ubitus completed another round of investments, in which such large gaming companies as Tencent, Sony and Square enix…
Investment amounts were not disclosed, but the sources Bloomberg investors are said to have invested approximately $ 45 million, with an estimate of less than $ 400 million.
“Cloud gaming will ease the burden of multi-platform game development in the long term, expand gaming in new geographic regions and increase subscription revenue, but it is still far from being a mainstream platform,” said Matthew Canterman, analyst at Bloomberg Intelligence. …
Ubitus was founded back in 2007 in Taiwan, but is now headquartered in Tokyo. There are many gaming companies among the partners of the service, including Nintendo, Capcom, Ubisoft and IO Interactivewho use it to release their games to Switch.
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