January couldn’t end with at least one more massive gaming acquisition it seems. Just a few short weeks after Xbox’s industry-shaking announcement of its plans to acquire Activision Blizzard, Sony has announced its decision to purchase Destiny developer Bungie; not as massive, but nonetheless ...
The acquisition ofBungieby Sony is nothing short of historic in the world of gaming. The developer is widely known for creating the first installments of theHalofranchise, a series that putXboxon the map and officially ushered Microsoft into the console industry. It's impossible not to view So...
The Federal Trade Commission (FTC) has launched an investigation intoSony’s $3.6 billion acquisition of Bungie. Sony announced its plans to purchase the studio behind Destiny on January 31, not even two weeks afterMicrosoft announced its plans to buy Activision Blizzardfor a monstrous $70 billion...
Sony is now planning to launch more than 10 live service games before March 2026. The games will be made in close collaboration between Bungie and PlayStation Studios.
Further expanding their video games empire by gobbling up Warner Bros. disparate studios makes a lot more sense for Sony than the Bungie acquisition.
PlayStation CEO Jim Ryan says the company has ambitious plans with live service games, which will receive a boost with the Bungie acquisition.
Sony Interactive Entertainment LLC (“SIE”), a wholly-owned subsidiary of Sony Group Corporation (“Sony”), today announced that it has entered into definitive agreements to acquire 100% of the shares of Bungie, Inc., an independent videogame developer
Speculation about Sony’s intervention brewed as the layoffs at Bungie took place fifteen months after Sony took the company over. Now some trusted insiders revealed the actual case and almost surprisingly Sony has nothing to do with it. In fact, Sony’s acquisition might have helped the ...
"Catalyzed by the acquisition of Bungie, we intend to accelerate the growth of our first party game software revenue, aiming to more than double the current amount by FY25." Sony shipped 3.9 million PS5 consoles during the quarter to bring lifetime shipment figures to 17.3 million units. ...
There was a rumor that came out following Sony's acquisition of Bungie thatMicrosoft and Bungie had on and off talks for a possible acquisition for a couple of years. However, discussions stalled in 2020 due to Bungie wanting around$2 billion and to retain its independence. That asking price...