Sony Interactive Entertainment (SIE) has completed its acquisition of Bungie, the studio known for creating Halo as well as creating and producing the chart-topping Destiny series.
“The agreement to acquire Bungie has closed,” the company said on Friday. “So now we can officially say… welcome to the PlayStation family.”
Sony CEO Kenichiro Yoshida said the company’s planned acquisition of Bungie was partly motivated by a desire for PlayStation to become more of a multiplatform business. “We believe it will be a catalyst to enhance our live game services capabilities,” he said. “Our acquisition of Bungie also represents a major step forward in becoming more multiplatform.”
Sony’s acquisition of Bungie is reported to be a deal worth $3.6 billion. The Halo creator will retain its independence, as well as continue to create multiplatform games despite being a part of SIE. To use Bungie’s own words: “Our games will continue to be where our community is, wherever they choose to play.”
In addition to its ongoing work on Destiny 2, Bungie announced plans to bring at least one new IP to market before 2025. The studio is reportedly working on a new Destiny game for mobile in partnership with Chinese tech and gaming giant NetEase, which invested $100 million to become a minority shareholder in the Bellevue, Washington-based studio in 2018.
Are you excited about the Bungie acquisition by Sony? What do you think Bungie’s first new IP will be?
(Feature Image: courtesy and © Sony Interactive Entertainment)
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