Sony to obtain online game studio Bungie in $3.6 billion deal

by newsconquestJanuary 31, 2022January 31, 20220286

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In a weblog publish, Sony (SONY) mentioned the purchase would lend a hand take its PlayStation platform “past the console” and flesh out the corporate’s efforts to increase live-service video video games.

Sony takes a big hit in the console wars

“It is a strategic step in opposition to proceeding to conform the gaming stories that we construct,” Jim Ryan, Sony Interactive Leisure’s CEO, wrote in a weblog publish. “Bungie’s experience in turning in a world-class provider way and long-term group engagement is very compelling and can enhance the improvement of a number of long term stay services and products titles from PlayStation Studios.”

Bungie, in its personal announcement, mentioned it stays dedicated to its personal inventive imaginative and prescient and independence.

“We stay accountable for our future. We can proceed to independently submit and creatively increase our video games. We can proceed to pressure one, unified Bungie group. Our video games will proceed to be the place our group is, anywhere they make a choice to play,” the corporate mentioned.

The deal comes lower than two weeks after Microsoft introduced it used to be obtaining any other large within the trade, Activision Snowstorm, which controls well-liked homes reminiscent of “Name of Accountability” and “Global of Warcraft” and has additionally been embroiled in a disaster over company management and office tradition.

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