Photo credit: Lets Go Digital
Sony Interactive Entertainment officially announced today that it has entered into definitive agreements to acquire Bungie, Inc. for $3.6-billion. This studio has created some of the video game industry’s most popular franchises, including Halo and Destiny. The company will continue to operate independently, maintaining the ability to self-publish and reach players wherever they choose to play. Read more for a video and additional informaiton.
Bungie’s team is currently focused on the long-term development of ultra successful Destiny 2 game as well as a possible sequel, while also creating entirely new worlds in future intellectual property. It will become an independent subsidiary of Sony Interactive Entertainment and run by its Board of Directors chaired by Pete Parsons, along with Bungie’s current management team.
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Bungie has created and continues to evolve some of the world’s most beloved videogame franchises and, by aligning its values with people’s desire to share gameplay experiences, they bring together millions of people around the world. As part of our Purpose to ‘fill the world with emotion, through the power of creativity and technology’, we will utilize the Sony Group’s diverse array of entertainment and technology assets to support further evolution of Bungie and its ability to create iconic worlds across multiple platforms and media,” said Kenichiro Yoshida, Chairman, President and CEO, Sony Group Corporation.