Square enixbelieves that cloud technologies will only grow, so he periodically invests money there. On
The agreement is described as a “strategic investment”, but the investment amount is not disclosed. According toblacknut, the funds will be used for research and development of technological solutions, accelerating the growth of the service in the market and a catalog of games.
Blacknut opened in 2016 andoffers to pay $15.99 per month for unlimited access to a cloud library of more than 500 games. Among the most notable projects in the company's arsenal are –Saints Row IV,Ryse: Son of Rome,Metro 2033 Redux,Shadow Tactics: Blade of the ShogunAndAsphalt 9. Serviceblacknutavailable in 45 countries, works on PCs, smartphones, smart TVs and browsers, and also offers special business terms if someone wants to use the technology for alternative purposes.
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Square enixhas been interested in cloud gaming for many years. Back in 2014, the company launched the platformShinra Technologies– it was not intended for regular streaming, but for gaming computing, only possible in the cloud. But in 2016Shinra Technologiesclosed due to lack of interest from investors.
According to analysts, in 2021, cloud gaming as a whole was expected to earn more than %1.6 billion from 23.7 million users. WhenSquare enixwas selling a huge chunk of its Western business to Embracer Group, then it mentioned that it wanted to invest the proceeds, including in cloud gaming.