Square Enix closes cloud gaming-based Shinra Technologies division

It looks like Square Enix is jumping off the cloud gaming train.

The publisher has closed Shinra Technologies, a division working on cloud-based technologies that would allow games to bypass the forced limitations of native hardware and deliver more impressive graphics, according to Engadget. Square Enix will lose about $16.8 million by closing Shinra.

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Mike Minotti

Mike Minotti has been with GamesBeat since 2012, starting as an intern. Based near Youngstown, Ohio, he now manages GamesBeat's editorial team. He's also a prolific podcaster, appearing on multiple shows covering the gaming industry.