- Logitech G, brand of Logitech ( NASDAQ: LOGI ), and Tencent's ( OTCPK:TCEHY ) Tencent Games announced a partnership to bring a cloud gaming handheld to market later this year that will combine Logitech G's expertise in hardware with Tencent Games' expertise in software services.
- The new device will support multiple cloud gaming services, and both companies are working with the Xbox Cloud Gaming and NVIDIA GeForce NOW teams, so gamers can play AAA games when they are away from their console or PC.
- Cloud gaming utilizes data center servers to stream video games to consumers.
- LOGI shares trading 2.9% down premarket.
For further details see:
Logitech G and Tencent Games partner for advancing handheld cloud gaming