Sony Interactive Entertainment is acquiring Bungie, the developer of Destiny and the original creator behind Halo, for $3.6 billion.
⠀
Once the deal closes, Bungie will become an independent subsidiary of SIE, and be run by a board of directors including current chairman and CEO Pete Parsons, along with the Bungie’s current management team.
“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,” Parsons writes. “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.
⠀
Bungie has made it clear it will remain a multi-platform studio, so if you’re an Xbox or PC player, don’t worry, as the studio won’t be releasing any PlayStation exclusive games in the future.
⠀
Just two weeks ago, Microsoft acquired Activision Blizzard for $68 billion and revealed it would “play a key role in the development of metaverse platforms,” so it’s safe to assume Sony will join the race to build the metaverse.
⠀
For more from us at Waivly, join our free fun-to-read and to-the-point newsletter enjoyed by hundreds of people across the internet every day of the week 👇
Create your profile
Only paid subscribers can comment on this post
Check your email
For your security, we need to re-authenticate you.
Click the link we sent to , or click here to sign in.