Sony announced a partnership with Microsoft – which sent Sony shares to reach 10 percent. Cooperation means that the gaming giant will use Microsoft's Azure cloud services to stream games and media.
Although competitors, Sony and Microsoft come together for a strategic partnership. Sony plans to move its games and media to Azure cloud services – confirming that the next wave of games will include cloud technology. According to analysts, the partnership is likely to lead to the next wave of disruption.
The agreement is still in the early stages, so the details are presented.
Although the announcement is unlikely to have a major impact in the short term, long-term prospects seem promising. Sony's and Sony's digital digital infrastructure over time will be connected in order to provide high-end video games to consumers without the need to purchase expensive consoles or hardware.
Sony Stock Spikes
After hearing the news, Sony's shares jumped 9.89 percent to levels not seen since December 2018.
The announcement follows another one made by the company yesterday, which says the company will redeem up to 4.8 percent of the total issued shares (approximately $ 1.82 B).
Microsoft and Sony's Strategic Partnership
Strategic partnerships between Sony and Microsoft will undoubtedly have a significant impact on their investment in new technologies.
Microsoft's cheese already has a strong focus on blockbuster-based innovation. Businesses can already create their own distributed books through Azure Cloud Services. Microsoft may require full decentralization in the not-too-distant future, as they already provide tools for companies to develop, test and deploy these systems internally.
Given that Sony is working closely with Microsoft Azure, the interest of the latter in blockade is significant. It seems inevitable that this technological insight will be shared. This will also go hand in hand with Sony's own aspirations with this new technology, as the company aims to implement the digital rights management system of the blockbuster.
Do you believe that Microsoft's Azure platform will soon become the standard for streaming games? Let's get to know your thoughts below.
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