Facebook buys Spanish cloud gaming company PlayGiga

Facebook is expanding its gaming efforts and has acquired PlayGiga, a startup that ran a cloud gaming service in Europe and some parts of the Middle East. The social network has confirmed the acquisition to Engadget after a report about the deal was published by business publication Cinco Días. While the tech giant didn't elaborate on the terms of the acquisition, Cinco Días reported that the deal cost Facebook 70 million Euros (US$78 million).

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