Microsoft Corporation has struck a deal to acquire Beam Interactive, a Seattle-based startup specializes in an interactive live streaming technology for gamers. The small startup is working on a technology to modify video games with live-streaming. This will allow players to watch and play with their favorite game streamers in real-time.
Beam To Improve Xbox Games
Microsoft plans to combine Beam’s technology into the Xbox to make console more social and fun.
The technology, being developed by Beam, will enable developers to modify existing videos games, like the world-builder title Minecraft, allowing players to live stream their gaming sessions to friends. In addition, friends will be able to watch and manipulate the gaming environment in real-time, Fortune reported.
For example, using Beam’s software development kit, developers can modify Minecraft to allow friends to not only watch streamer play, but they can also play along with them.
“You can give them new challenges and make real-time choices that affect their gameplay, from tool selection to quests to movement; all through simple visual controls. In the highly anticipated Sea of Thieves, which is all about emergent adventures in a shared world, you can watch the drama play out between different crews from multiple player perspectives,” Microsoft Corporation said in a blog post.
Terms of the deal were not disclosed.
In May, Beam released a beta version of its software, which is still being developed and tested. However, the software was still available to the general public.
“We at Xbox are excited about this convergence between playing and watching, and want to provide gamers with the freedom and choice to have great multiplayer experiences across all of Beam’s platforms. This acquisition will help gamers enjoy the games they want, with the people they want, and on the devices they want,” Microsoft said in a statement.
Microsoft Expanding Gaming Business
Microsoft’s gaming business includes software and hardware. The company booked a 9% decline in gaming revenue during the fiscal fourth quarter ended June 30. However, the tech giant reported 4% increase in its Xbox Live revenue, with Xbox Live monthly active users jumping 33% to 49 million.
On Xbox hardware side, the company isn’t performing well. Xbox hardware revenue fell 33% during the quarter, mainly due to a decline in consoles sold and lower prices of consoles sold.
The tech company is working on two new consoles including the Xbox One S and Project Scorpio. According to to Xbox, Project Scorpio, scheduled to arrive next year , will be the most powerful console ever built. The console will have 6 teraflops of GPU delivering a premier console gaming experience including true 4K gaming and high-fidelity virtual reality.
In addition to gaming hardware, the company is also focusing on new games. It premiered a wide range of games launching this year and beyond for Xbox One and Windows 10, including a mix of exclusives, blockbusters and independent games.
It seems that investors are happy with the performance of Microsoft Corporation . The company’s shares have surged 17.33% during the last six months and 24.73% during the past 12 months.