Intel has acquired cloud gaming solution provider RemoteMyApp for an undisclosed amount. RemoteMyApp CEO Andreas Hestbeck revealed the information to Polish media later Intel spokesperson confirmed to VentureBeat.
As per the VentureBeat spokesperson said, “We acquired RemoteMyApp for its leading team of cloud services designers and engineers, and we are excited to welcome the RemoteMyApp team to Intel.Intel will continue to support RemoteMyApp’s key customers per their contracts.”
Prior to the acquisition RemoteMyApp raised over $4.7 million partners with companies to create game streaming experiences for their customers.
Intel hasn’t signaled that it’s planning to launch a cloud gaming service on its own — seems with acquisition RemoteMyApp’s products with its existing hardware as a combined chips and services bundle. Cloud gaming requires GPUs as well as CPUs, and RemoteMyApp provides an especially compelling use case for Intel’s recently announced Intel Server GPU, reads the report.