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Sony completes $3.6 billion deal to purchase Bungie

The developer behind Future is now part of the Sony universe. Sony Interactive Leisure formally closed on a $3.6 billion deal in the present day to purchase the impartial sport studio and writer Bungie, in accordance with from each Bungie and PlayStation Studios. Underneath the phrases of the acquisition, Bungie will nonetheless preserve artistic management over its operations and independently develop its video games. As from have famous because the deal was introduced in January, Bungie might be thought-about an impartial subsidiary of Sony and gained’t be required to make both present or future video games unique to PlayStation consoles.

As TechCrunch , Sony is hoping Bungie’s experience with video games like Future will assist it increase its personal dwell service sport choices. The corporate plans to spend 55 p.c of PlayStation’s price range on dwell service video games by 2025, revealed Sony CEO Jim Ryan at a Could investor presentation. PlayStation plans on 10 dwell service video games earlier than March 2026, and Sony believes Bungie’s help might be essential on this effort.

Sony this week additionally closed on a deal to accumulate Montreal-based Haven Studios, which is engaged on a for PlayStation. And Sony is way from completed. The corporate plans to accumulate much more studios over the subsequent few years in a bid to its dwell service and PC choices, as Ryan has famous in a number of . And on the Xbox aspect, Microsoft’s $68.7 billion acquisition of Activision Blizzard is predicted to subsequent summer time.

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