PlayStation has acquired Firewalk Studios.
The company announced this on a new PlayStation Blog, noting that it's been in a publishing partnership with Firewalk Studios and ProbablyMonsters since 2021 and that it's now happy to expand that relationship by bringing the studio under the PlayStation umbrella. The studio has been working on its «first original AAA multiplayer game» for PlayStation and it sounds like development on that will continue.
«Since announcing our publishing partnership with ProbablyMonsters and Firewalk in 2021, we continue to be impressed by the team's ambitions to build a modern multiplayer game that connects players in new and innovative ways,» Head of PlayStation Hermen Hulst writes in the blog. «The studio shares our passion for creating inspiring worlds grounded in exceptional gameplay, and we want to continue to invest in their mission. We're excited to bring their technical and creative expertise to PlayStation Studios to help grow our live service operations and deliver something truly special for gamers.»
The companies did not mention a price for the acquisition.
Here's what Firewalk Studios head Tony Hsu and game director Ryan Ellis have to say about the acquisition:
PlayStation’s acquisition of Firewalk Studios is the latest in a line of multiple that have happened across the industry in the past year. It started with Take-Two Interactive in 2022, the parent company behind the Grand Theft Auto series, announcing in January that it was acquiring mobile giant Zynga for nearly $13 billion. Then, a week later, Microsoft announced that it was acquiring Activision Blizzard, the company behind Overwatch and Call of Duty, for a colossal $68.7 billion. Two weeks later, Sony revealed it was
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