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Friday, July 15, 2022

Sony acquires Destiny 2 developer Bungie for USD 3.7 billion

Destiny 2 developer Bungie is now officially part of Sony. The PlayStation maker initially announced the acquisition early this year. The initial announcement was reportedly worth USD 3.6 billion, but an SEC filing reveals the deal to be approximately worth USD 3.7 billion

Playstation Bungie

Bungie CEO Pete Parsons has announced through a blog post that despite being under Sony’s umbrella, Bungie will “continue to independently publish and creatively develop our games” and that games in development will not be exclusive to PlayStation.

Sony plans to access Bungie’s world-class expertise in multi-platform development and live games services to assist them in delivering their vision of expanding PlayStation to hundreds of millions of gamers. Sony sees live service games as a critical part of the PlayStation pipeline.


Source: Yugatech

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