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Sony and Microsoft have agreed on a partnership for gaming and cloud services

11 May 2019, Berlin: PlayStation and Xbox controllers are on artificial turf for the "Grand Final" of the Virtual Bundesliga (VBL). The 24 best players in Germany will fight for the title in four groups on Xbox and Playstation. Photo: Christoph Soeder/dpa (Photo by Christoph Soeder/picture alliance via Getty Images)
11 May 2019, Berlin: PlayStation and Xbox controllers are on artificial turf for the "Grand Final" of the Virtual Bundesliga (VBL). The 24 best players in Germany will fight for the title in four groups on Xbox and Playstation. Photo: Christoph Soeder/dpa (Photo by Christoph Soeder/picture alliance via Getty Images)

Two of the biggest names in gaming, Microsoft and Sony, will be working together on new cloud solutions for gaming and streaming content.

The announcement was made today in a statement from Microsoft, which points to Sony’s tech with Microsoft’s cloud-based servers to enhance the gaming experience for consumers. And while the statement doesn’t directly name Xbox or PlayStation in the new deal, it does suggest their partnership will focus heavily on entertainment.

"“By working together, the companies aim to deliver more enhanced entertainment experiences for their worldwide customers. These efforts will also include building better development platforms for the content creator community.”"

Sony had some kind words to share about their newest business partner, mentioning that despite being competitors, they have always considered Microsoft “a key business partner.”

"“I believe that our joint development of future cloud solutions will contribute greatly to the advancement of interactive content. Additionally, I hope that in the areas of semiconductors and AI, leveraging each company’s cutting-edge technology in a mutually complementary way will lead to the creation of new value for society.”"

Of course, this news comes out on the heels of Google announcing their new cloud gaming service, Stadia, which will allow consumers to stream games from their PC, tablet, TV or phone.  And while Google is a threat to both Sony and Microsoft, the companies teaming up should create some serious buzz around this year’s E3 in June.

That’s likely where we’ll get more details on what information is going to be shared between the two companies and whether or not this means Xbox and PlayStation will collaborate on more games or possibly allow exclusives like Halo or Marvel’s Spider-Man to available for cross-platforms (hey, a kid can dream right?).

Regardless, gamers should be rejoicing as the two companies working together means that content will be available to all console owners and not limited to just Xbox or PlayStation.