Sony acquires Bungie

Will not be PlayStation exclusive

Sony acquires Bungie

Another month, another acquisition. Only this time its Sony’s turn, who have announced they have purchased Bungie for $3.6 billion.

Sony Interactive President Jim Ryan says the move was done to “expand the reach of PlayStation to a much wider audience” and to “evolve the gaming experience that we build”. Ryan notes Bungie’s track record - the Destiny franchise and the original Halo trilogy - make them essential for building audience growth in live service game sector.

Bungle will remain ‘an independent subsidiary” that will continue to develop multi-platform games, with original IPs planned for future.