It’s the season for acquisitions as Sony has revealed their plan to buy Bungie, the developers of the Destiny franchise and the original creators of Halo from back in the day. The announcement comes in the wake of the massive Activision-Blizzard acquisition by Microsoft earlier this month for a massive $68.7 billion.
The Bungie purchase is nowhere near that amount, coming in at $3.6 billion. In a blog post, Bungie CEO Pete Parsons wrote that
the studio will continue to independently publish and creatively develop our games.
Pete Parsons
In SIE, we have found a partner who unconditionally supports us in all we are and who wants to accelerate our vision to create generation-spanning entertainment, all while preserving the creative independence that beats in Bungie’s heart. Like us, SIE believes that game worlds are only the beginning of what our IPs can become. Together, we share a dream of creating and fostering iconic franchises that unite friends around the world, families across generations, and fans across multiple platforms and entertainment mediums.
Pete Parsons
Bungie will remain a multi-platform and an independent studio and publisher who will sit alongside the company’s PlayStation Studios developers. Jim Ryan, President and CEO of Sony Interactive Entertainment said in a blog post.
Bungie’s world-class expertise in multi-platform development and live game services will help us deliver on our vision of expanding PlayStation to hundreds of millions of gamers.
Jim Ryan
For those worried about Bungie’s future games being exclusive to the PlayStation platform, you can stop biting your nails. Bungie has clarified, stating that they will remain multi-platform even after the acquisition in a detailed FAQ post.
We want the worlds we are creating to extend to anywhere people play games. We will continue to be self-published creatively independent, and we will continue to drive one unified Bungie community.
Bungie
This recent acquisition is one of the many that have been announced this month. Sony last year also announced they had acquired Returnal developer Housemarque and Demon’s Souls remake developer Bluepoint Games to help grow the PlayStation Studios family.
About Sony
Sony Corporation is a Japanese multinational conglomerate corporation headquartered in Kōnan, Minato, Tokyo. The company operates as one of the most comprehensive media companies on the planet and also holds the distinctions of being the largest video game console company and the second largest video game publisher in the world.
Its gaming and network services arm Sony Interactive Entertainment (formerly Sony Computer Entertainment) is best known for producing the popular line of PlayStation consoles.
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