Sony’s PlayStation buys Bungie, game studio with Xbox ties

Feb 1, 2022
Sony's PlayStation buys Bungie, game studio with Xbox ties

BELLEVUE, Wash. (AP) — PlayStation-maker Sony is escalating its competitors with Xbox-maker Microsoft by shopping for the online game studio behind considered one of Xbox’s hit video games.

Sony Interactive Leisure stated Monday it might spend $3.6 billion to purchase Bungie Inc., an unbiased recreation writer based mostly in Bellevue, Washington. Bungie makes the favored recreation franchise Future and was the unique developer of Xbox-owned Halo.

Microsoft purchased Bungie in 2000, however later spun off the sport studio in 2007 whereas retaining mental property rights to the Halo franchise.

Sony is without doubt one of the world’s largest online game corporations, however Microsoft has been ramping up its gaming ambitions, most lately by asserting plans to purchase high-profile recreation writer Activision Blizzard for $68.7 billion. Buying the proprietor of titles like Name of Obligation and Sweet Crush would instantly put Microsoft forward of Nintendo because the third-biggest gaming firm in world gross sales, behind Japan’s Sony and Chinese language tech large Tencent.

Xbox’s prime government, Phil Spencer, advised information website Axios final 12 months that “we have discovered so much” since letting go of Bungie. Spencer on Monday tweeted his congratulations to PlayStation for “including a proficient staff” to its recreation studios.

Bungie began in Chicago in 1991 and made its early hits, resembling Delusion and Marathon, for private computer systems. It now employs about 900 individuals and relies not removed from Microsoft’s headquarters in Redmond, Washington. Sony’s online game division is centered in San Mateo, California.