Sony says it’ll drop $3.6 billion on Bungie – and that’s just the beginning of the acquisition spree.
Electronics giant and PlayStation maker Sony announced plans on Monday to spend $3.6 billion on Bungie – the enormous game maker behind Destiny 2 and the hugely popular Halo – and that’s just the beginning of the spending spree. The unexpected announcement followed hot on the heels of the startling news last week that Xbox manufacturer Microsoft planned to take over Activision Blizzard – so the Japanese company countered with its own major gaming acquisition. “I want to be very clear to the community that Bungie will remain an independent and multi-platform studio and publisher,” said Jim Ryan, president and CEO of Sony Interactive Entertainment, in a blog post announcing the news. “As such, we believe it makes sense for it to sit alongside the PlayStation Studios organization, and we are incredibly excited about the opportunities for synergies and collaboration between these two world-class groups.
