Tuesday, February 1, 2022

Sony Has Acquired Bungie For $3.6 Billion

Bungie has been bought by Sony Interactive Entertainment for $3.6 billion. The studio will remain a multiplatform "independent subsidiary" of Sony Interactive Entertainment. Bungie is the studio behind Halo before splitting from Microsoft, and they've been hard at work on Destiny 2, a free-to-play game accessible on PlayStation, Xbox, and PC. 

“We’ve had a strong partnership with Bungie since the inception of the Destiny franchise, and I couldn’t be more thrilled to officially welcome the studio to the PlayStation family,” said SIE president and CEO Jim Ryan.

“This is an important step in our strategy to expand the reach of PlayStation to a much wider audience. We understand how vital Bungie’s community is to the studio and look forward to supporting them as they remain independent and continue to grow. Like Bungie, our community is core to PlayStation’s DNA, and our shared passion for the gamer and building the best place to play will now evolve even further.”

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