Sony is buying Bungie, the developer of Destiny and original creator of Halo
Sony is buying Bungie, the developer of Destiny and the original creator of Halo, for $3.6 billion. The acquisition arrives shortly after Microsoft’s announcement that it intends to acquire Activision Blizzard in a deal worth $68.7 billion. Bungie will “continue to independently publish and creatively develop our games,” Bungie CEO Pete Parsons writes in a blog post.
“In SIE, we have found a partner who unconditionally supports us in all we are and who wants to accelerate our vision to create generation-spanning entertainment, all while preserving the creative independence that beats in Bungie’s heart,” Parsons writes. “Like us, SIE believes that game worlds are only the beginning of what our IPs can become. Together, we share a dream of creating and fostering iconic franchises that unite friends around the world, families across generations, and fans across multiple platforms and entertainment mediums.”
Bungie has limitless potential to unite friends around the world. We have found a partner in PlayStation that shares our dream and is committed to accelerating our creative vision of building generation-spanning entertainment. Our journey begins today.https://t.co/PLuVn48zdy pic.twitter.com/kAhRbAg3vD
Bungie will continue to be a multiplatform and independent studio and publisher, and it will sit alongside the company’s PlayStation Studios developers, Jim Ryan, the president and CEO of Sony Interactive Entertainment said in a post on the PlayStation Blog. “Bungie’s world-class expertise in multi-platform development and live game services will help us deliver on our vision of expanding PlayStation to hundreds of millions of gamers,” he said.
Hermen Hulst, Head of PlayStation Studios, reiterated that sentiment in a
Read more on theverge.com
