https://thenextweb.com/facebook/2019/12/19/facebook-playgiga-cloud-gaming-service/

Facebook this week revealed it’d acquired PlayGiga, a Spanish cloud gaming service. What they plan to do with it is anyone’s guess.

PlayGiga is a Madrid-based company that purports to have “a cost-effective cloud gaming solution with excellent user experience, latency reduced to less than 30ms and an ever-growing games catalogue with injection of new titles in less than two weeks.” According to Variety, it functioned in Italy, Argentina, Chile and Spain. Rumors of a $78 million price for the company surfaced last week from Cinco Dias, and a spokesperson later confirmed the purchase (though not the price) to CNBC.