PlayStation Acquires Halo & Destiny Creator Bungie For $3.6 Billion
Sony has announced that it will spend $3,6 billion to acquire Halo and Destiny creator Bungie as a first-party PlayStation team. This is a rather significant deal as Bungie made a name for itself as an Xbox team in the early 2000s. The developer birthed Halo on the original Xbox, giving Microsoft's console a game to compete with the likes of PlayStation and Nintendo. After developing Halo games for roughly a decade, the team splintered away from Microsoft to focus on its ambitious MMO-like shooter Destiny, where it made a partnership with Activision.
In 2019, Bungie broke free from Activision to go fully independent, making many wonder if any other gaming giants would swoop in to acquire them. Xbox head Phil Spencer recently said he believed Xbox could've kept Bungie had the current leadership been around to negotiate terms. Unfortunately for Xbox, PlayStation was able to instill a better relationship and open Bungie up to a deal, adding the studio to Sony's massive arsenal of talented developers.
Sony announced that it would be purchasing Bungie for $3.6 billion (via GamesIndustry.biz), but it doesn't sound like much will change. Bungie will still remain as a multi-platform studio and have the freedom to self-publish games on any platform it chooses. Both parties have expressed enthusiasm over the deal, with Bungie CEO Pete Parsons noting that a partnership in Sony will allow it to reach its potential in delivering on its ambitions with future titles. Many speculated that PlayStation would likely respond to Xbox's acquisition of Activision, but no one knew when or how it would do so.
Bungie has limitless potential to unite friends around the world. We have found a partner in PlayStation that shares our dream and is
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