Sony to Buy Bungie, Creator of Destiny and Halo Games, for $3.6 Billion

Feb 1, 2022
31sony facebookJumbo

[ad_1]

Sony Interactive Leisure mentioned on Monday that it had agreed to amass the online game maker Bungie in a deal valued at $3.6 billion, as the sport market additional consolidates round a few of its largest firms.

This month, Microsoft introduced a $69 billion acquisition of Activision Blizzard, and Take Two Interactive reached an settlement on an $11 billion buy of Zynga.

Sony Interactive Leisure, maker of the PlayStation recreation console and a serious recreation developer in its personal proper, mentioned Bungie, the unique developer of the multiplayer shooter video games Future and Halo, would function independently and have free rein to publish video games for different consoles and platforms. However the transfer might assist Sony attain new recreation gamers.

“This is a vital step in our technique to develop the attain of PlayStation to a a lot wider viewers,” Jim Ryan, Sony Interactive Leisure’s president and chief govt, mentioned in a press release.

Sony and Bungie didn’t instantly reply to requests for remark.

Microsoft acquired Bungie in 2000, and its signature title, Halo, helped flip Microsoft’s Xbox console into a serious recreation platform. However the developer break up from Microsoft in 2007 and stopped making Halo three years later. Since 2011, Halo has been developed by 343 Industries, an organization owned by Microsoft.

Now, Bungie will likely be acquired by Microsoft’s largest rival within the recreation console market: Sony. Bungie’s hottest present recreation is Future 2, which is on the market on a number of platforms, together with the Xbox and Sony’s PlayStation.

[ad_2]

Supply- nytimes