Google Stadia, the internet giant’s own game streaming service is launching this year, but that hasn’t put off Intel Capital from leading a $12m investment into another cloud streaming rival, Polystream. It’s not the only participating investor as other participants in this Series A investment include Lauder Partners and Wargaming Group Ltd. Now Lauder Partners is just some investment company (though Gary Lauder was also a stuntman on the Dungeon Siege movie, one for the gaming trivia fans out there), but you might be a little bit more familiar with Wargaming Group Ltd. Yes, that Belarussian developer - headquartered in Cyprus for obvious reasons - responsible for World of Tanks, World of Warplanes, World of Warships, and World of Warsteiner (a free to play brewery sim). This early $12m investment has been announced at the Intel Capital Global Summit, and is either looking to cash in on the interest surrounding game streaming because of Google’s Stadia announcement, or is ill-timed and doomed to be swallowed up by it. But, while Stadia is scheduled to launch this year, Polystream isn’t likely to see the light of day for a long while.
from PCGamesN https://ift.tt/2CQPl4S
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