Sony is buying Destiny creator Bungie for $3.6bn
Sony Interactive Entertainment is set to acquire Bungie in a deal worth $3.6 billion, it’s announced.
After completion of the deal, Bungie will be “an independent subsidiary” of the PlayStation firm and will remain a multiplatform studio, according to SIE.
Currently, the developer is working on content for Destiny 2, as well as working on new IP.
“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,” SIE president and CEO Jim Ryan told GI.biz.
“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.”
Bungie CEO Pete Parsons added: “Both Bungie and SIE believe that game worlds are only the beginning of what our IP will become.
“Our original universes have immense potential and, with SIE’s support, we will propel Bungie into becoming a global multimedia entertainment company dedicated to delivering on our creative vision.”
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