Sony has acquired Bungie for $3.6B

Sony Interactive Entertainment has confirmed this evening that it has purchased Bungie for $3.6B. The company will be “an independent subsidiary” of Sony Interactive Entertainment and will remain multiplatform. Bungie is the studio that created Halo before they decided to split from Microsoft and have since been working hard on Destiny 2 which is a free-to-play title available on PlayStation, Xbox and PC. The move comes after Microsoft announced it had acquired Activision Blizzard who will be part of Xbox Game Studios. That deal cost $70B.

“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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