Sony is buying the video game developer Bungie in a deal valued at $3.6 billion.
Bungie, best known for producing the multiplayer first-person shooter Destiny 2, will become an “independent subsidiary” of Sony Interactive Entertainment, which handles software and hardware for the PlayStation console.
“I’m absolutely thrilled to welcome Bungie to the PlayStation family!” tweeted Hermen Hulst, head of PlayStation Studios. “Bungie creates community-driven games with outstanding technology that are enormous fun to play, and I know that everyone at PlayStation Studios will be excited about what we can share and learn together.”
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I’m absolutely thrilled to welcome Bungie to the PlayStation family! Bungie create community-driven games with outstanding technology that are enormous fun to play, and I know that everyone at PlayStation Studios will be excited about what we can share and learn together. pic.twitter.com/VySocfBxtx
— Hermen Hulst (@hermenhulst) January 31, 2022
“We’ve had a strong partnership with Bungie since the inception of the Destiny franchise, and I couldn’t be more thrilled to officially welcome the studio to the PlayStation family,” Sony Interactive Entertainment President Jim Ryan said in a press statement.
Sony’s acquisition of Destiny will not affect whether other console systems will have access to the game in the future. Bungie will “continue to independently publish and creatively develop our games,” said Bungie CEO Pete Parsons in a blog post.
Bungie noted in an FAQ that the company being acquired by Sony would not affect the company’s future content or force it to provide exclusive items or deals for PlayStation players.
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Bungie was founded in 1991 and developed the first three Halo games in partnership with Microsoft before splitting off into its own independent company in 2007 to make Destiny and its sequel, Destiny 2.
Larger tech companies have made several efforts to acquire notable gaming companies in January. Microsoft announced plans on Jan. 18 to acquire Activision Blizzard for $68.7 billion. Take-Two Interactive also announced on Jan. 10 that it was acquiring mobile game developer Zynga for $12.7 billion.
