What you need to know
- In January 2022, Sony announced that it plans to acquire Bungie for $3.6 billion.
- The deal spent several months in the process of regulatory approval.
- The acquisition is closed, and Bungie is now officially part of PlayStation, sitting as publisher alongside PlayStation Studios.
- While Bungie’s games will remain cross-platform, Bungie will help the rest of the PlayStation experience the service’s live games.
While Sony announced months ago that it was planning to acquire Bungie for $3.6 billion, the deal is now officially closed.
Sony subscriber (Opens in a new tab) On Friday, Bungie is now officially part of PlayStation, cementing the deal that was first announced on January 31, 2022. This deal places Bungie alongside PlayStation Studios as a second publisher, as all of its games remain cross-platform, so future Destiny expansions And the new IP won’t bypass PCs and Xboxes.
I’ve always admired @bungie’s games that are ambitious and innovative and their focus on creativity, craftsmanship, and community. I can’t wait to spend more time with pparsons, Jason Jones and their team as we chart a bold path for SIE, PlayStation Studios and Bungie together https://t.co/ku9lVSGndUJuly 15 2022
Although Bungie’s games will still be available across different consoles, the deal allows Bungie to provide assistance to teams at PlayStation to try out the service’s live online games.
While Sony has invested heavily in single-player games over the past decade, more teams are working on games as a service, such as Naughty Dog with an upcoming multiplayer title set in the universe of The Last of Us. Sony is also expanding elsewhere, putting more games on PC and expressing interest in mobile games.
When Sony first announced that the company intended to acquire Bungie, Sony Interactive Entertainment CEO Jim Ryan indicated that people should expect more PlayStation acquisitions. Over the past year, Sony has added other companies like Housemarque, Bluepoint Games, and Haven Games to its first-party list.
This comes at a time when huge acquisitions are taking place elsewhere with the gaming industry, as Microsoft is in the process of acquiring them Activision Blizzard for roughly $70 billion. This transaction is currently scheduled to close sometime in Microsoft’s fiscal year ending June 30, 2023.