What could be Sony's next big acquisition in 2022-23?
Acquisition is a word of the time as both the likes of Sony and Microsoft have acquired major studios recently.
While Microsoft started the process with its planned acquisition of Activision, Sony did so by getting Bungie. While the valuation of Bungie's takeover at $3.6 billion is significantly less than that of Activision, there is a lot of strategic sense. It has already been announced that the existing games like Destiny 2 will remain multi-platform, and there's a lot of sense considering it's a live service game.
According to reports, however, Sony may not be done entirely. Several figures and news reports indicate that the giant still has around $10 billion through to 2023 for mergers and acquisitions. But acquisitions have to be done strategically, and when one observes the portfolio of the corporate, the potential targets are pretty evident.
Sony's penchance for fighting games is well-known as it's directly involved with Evolution Championships. The best deal it could grab to expand its fighting game scene will be Netherealm Studios. There were already rumors that Warner Bros.'s gaming division could be sold off before a change of plans.
It is unlikely that Warner Bros. Entertainment will sell off its entire gaming division. There is a lot of value in the DC IPs that the company holds. But Netherealm might be sold separately if there's a suitable offer.
The studio is well-known for making fighting games like Injustice and Mortal Kombat. Alternatively, Arc Systems could also be seen as a potential target. The studio already has games, like Guilty Gear Strive, that are only available on PlayStations and PCs.
It's hard to estimate Sony's plans for the Chinese market, although recent trends suggest a bullish approach. The
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