Square Enix closes cloud gaming service Shinra Technologies

Jan

7

2016

Square Enix has announced to end its cloud gaming service Shinra Technologies. The reason for the termination, the publisher reports that the department did not know enough capital to attract third parties.

Currently, the subsidiary offices in New York, Montreal and Tokyo. Square Enix has chosen to employ the full end and sell it as much as possible. The publisher indicates this total will suffer a loss of two billion yen, converted approximately fifteen million euros for the fiscal year ending in March 2016. The company wants the Japanese branch of Shinra Technologies in late June have been closed completely. For the American branch has allocated more time, the termination of which is scheduled for March 2019. The Canadian office is no closing date known.

Square Enix has Shinra Technologies established in 2014 as a subsidiary company. The cloud gaming service focused on making playable games via the cloud by streaming them to PCs. The idea was that the service would distinguish it from similar services by offering different servers for developers. This would better graphics and physics are possible to experience new games. According to the press release Shinra Technologies does not have enough third-party managed to attract and therefore not have the resources to continue.

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