There was truth to the rumours after all. Sony has just announced that it has purchased leading cloud gaming service Gaikai for a cool $380 million. Put that in your pipe and smoke it.

Sony’s Andrew House said that as a result of the deal, users will be able to “instantly enjoy a broad array of content ranging from immersive core games with rich graphics to casual content anytime, anywhere on a variety of internet-connected devices”.

Gaikai founder and industry legend David Perry added:

Sony has built an incredible brand with PlayStation and has earned the respect of countless millions of gamers worldwide.

We’re honoured to be able to help Sony rapidly harness the power of the interactive cloud and to continue to grow their ecosystem, to empower developers with new capabilities, to dramatically improve the reach of exciting content and to bring breathtaking new experiences to users worldwide.

Going into E3, Sony was widely expected to announce a partnership with a leading cloud gaming service. However, the show came and went without a mention from the company. It seems like it was simply waiting for the ink to dry.

It’s not yet clear how Gaikai will be implemented into Sony’s current range of products, but we’re sure more will be announced soon. Still, this is absolutely huge news. It's certainly livened up an otherwise drab Monday morning, hasn't it?