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Logitech G and Tencent Games Announce Partnership to Advance Handheld Cloud Gaming
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary
Logitech G and Tencent Games have partnered to develop a cloud gaming handheld, set to launch later this year. This collaboration aims to merge Logitech G's hardware expertise with Tencent's software services, allowing gamers to play AAA games via cloud without needing to download them. Both companies are collaborating with Xbox Cloud Gaming and NVIDIA GeForce NOW to enhance the gaming experience. The new device will enable seamless gaming on-the-go, showcasing Logitech G's commitment to innovation and Tencent's leadership in game publishing.
Positive
Partnership with Tencent Games enhances Logitech G's position in the gaming sector.
The new handheld device supports multiple cloud gaming services, broadening market appeal.
Collaboration with Xbox Cloud Gaming and NVIDIA GeForce NOW improves technological integration.
Negative
None.
LAUSANNE, Switzerland & NEWARK, Calif.--(BUSINESS WIRE)--
Today, Logitech G and 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.
Logitech G and Tencent Games Announce Partnership to Advance Handheld Cloud Gaming (Graphic: Business Wire)
Logitech G and Tencent Games share a mutual vision of the future of gaming and are committed to ensuring the quality of experience comes together seamlessly to deliver on the exciting promise of gaming from the cloud. Cloud gaming utilizes data center servers to stream video games to consumers. There’s no need to download or install PC or console games. Instead, games are rendered and played on remote servers, and users interact with them locally on their devices.
“Logitech G’s leadership in PC and console gaming gear make them an ideal partner to help us realize the vision of bringing a better gaming experience to gamers around the globe,” said Daniel Wu, general manager of Tencent Games Smart Solution Innovation Lab. “Today marks the start of a new opportunity for our companies to further push the frontiers of gaming devices.”
“As one of the leading global platforms for game development, publishing and operations, Tencent Games has been at the forefront of innovation and it’s why we partnered with them,” said Ujesh Desai, general manager of Logitech G. “As someone that grew up playing video games, the idea of being able to stream and play AAA games almost anywhere is super exciting, and we can’t wait to show everyone what we’ve been working on.”
To sign up for the latest updates on the development process of the new cloud gaming handheld from Logitech G and Tencent Games visit (https://bit.ly/g-cloud-updates).
About Logitech G
Logitech G, a brand of Logitech International, is the global leader in PC and console gaming gear. Logitech G provides gamers of all levels with industry-leading keyboards, mice, headsets, mousepads, and simulation products such as wheels and flight sticks - made possible through innovative design, advanced technologies, and a deep passion for gaming. Founded in 1981, and headquartered in Lausanne, Switzerland, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech G at logitechG.com, the company blog, or @LogitechG.
Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at logitech.com.
Derek Perez Global Communications, Logitech Gaming
dperez1@logitech.com | 408-391-6454
Source: Logitech G
FAQ
What is the Logitech G and Tencent Games partnership about?
Logitech G and Tencent Games are collaborating to develop a cloud gaming handheld that combines their expertise in hardware and software.
When will the new cloud gaming handheld be released?
The new cloud gaming handheld is expected to launch later this year.
What cloud gaming services will the new device support?
The device will support multiple cloud gaming services, including Xbox Cloud Gaming and NVIDIA GeForce NOW.
What are the benefits of cloud gaming for consumers?
Cloud gaming allows users to play AAA games without downloading or installing them, as games are streamed from remote servers.
How does this partnership impact Logitech's stock symbol LOGI?
The collaboration could enhance Logitech's market position and potentially influence its stock performance positively, but specific financial impacts are not detailed.
