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Google Developing Video Game Console

Watch out, Microsoft! Google may be getting in on the video game business.

The Wall Street Journal is reporting that Google is developing a video game console powered by its Android operating system to compete with products Apple may release in the future, while beefing up its hardware offerings.

Also read: Xbox One Drops All Those Annoying E3 Restrictions

The tech giant has grown from a search engine to a multinational corporation specializing in internet-related services and products. Over the last few years, the company began manufacturing hardware including smartphones, a Google TV, tablets and computers.

Although the company hopes to beat Apple to the punch by releasing a video game console first, Google won't be the first to produce one that uses the Android operating system. Just this week, a startup called Ouya Inc. began selling an Android-based console and game controller for $99.

Later this year, Sony will release its next generation Playstation console, the PS4, which costs $399 -- a hundred bucks less than Microsoft's Xbox One.

Google has not yet responded to TheWrap's request for comment.