Technology News South Africa

Sony buys gaming company Bungie for $3.6bn

President and CEO of Sony, Jim Ryan, announced in a blog post that Bungie will be joining the Playstation family. Sony is reportedly acquiring the gaming company for $3.6bn. Bungie will still, however, remain an independent and multi-platform studio and publisher.
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Ryan said: "We believe it makes sense for it to sit alongside the PlayStation Studios organisation, and we are incredibly excited about the opportunities for synergies and collaboration between these two world-class groups.

"I have spent a lot of time with Pete Parsons, Jason Jones, and the Bungie management team to develop the right relationships where they will be fully backed and supported by Sony Interactive Entertainment and enabled to do what they do best — build incredible worlds that captivate millions of people."

The blog post confirms that Sony will also gain access to Bungie's proprietary tools which can be used for PlayStation Studios teams.

Bungie created the well-known Halo game. They currently focus their efforts on a live-service FPS RPG called Destiny where players can explore the galaxy as Guardians of Light.

Pete Parsons, CEO of Bungie, said in a separate blog post:

"We remain in charge of our destiny. We will continue to independently publish and creatively develop our games. We will continue to drive one, unified Bungie community. Our games will continue to be where our community is, wherever they choose to play.

With Sony’s support, the most immediate change you will see is an acceleration in hiring talent across the entire studio to support our ambitious vision. If this speaks to you, and you want to help us put a dent in the universe, we are hiring across all disciplines for Destiny 2 and for all new worlds beyond."

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