Sony to acquire the creators of Halo & Destiny game for USD 3.6 Bn

Bungie is best-known for Destiny and Halo gaming franchises

Japanese technology giant Sony has plans to acquire Bungie, a US-based game development company for $3.6 billion. Bungie is best-known for Destiny and Halo gaming franchises.The deal will give Sony access to Bungie’s franchises and access to its live gaming services.

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. Bungie is a great innovator and has developed incredible proprietary tools that will help PlayStation Studios achieve new heights under Hermen Hulst’s leadership, said Jim Ryan, President & CEO, Sony Interactive Entertainment.

The gaming industry has recently witnessed a lot of major  acquisitions. Microsoft acquired Activision Blizzard for USD 68.7 billion in January. 

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Bungie’s games will be multiplatform, Sony said in the announcement. Bungie will be an independent subsidiary of the Sony Interactive Entertainment post acquisition and will be led by its Board of Directors and Pete Parson, Bungie’s CEO and chairman.

SharathKumar Nair
Sharath is an ardent believer in the ‘Transhumanism’ movement. Anything and everything about technology excites him. At Analytics India Magazine, he writes about artificial intelligence, cybersecurity and the impact these emerging technologies have on day-to-day human lives. When not working on a story, he spends his time reading tech novels and watching sci-fi movies and series.

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