Sony to buy Bungie for $3.6 billion

Sony Interactive Entertainment announced today it is planning to acquire Bungie for $3.6 billion USD.

The leading independent game developer known for the creation of Halo and Destiny would continue to work as an “independent subsidiary” of SIE, “maintaining the ability self-publish and reach players wherever they choose to play.”

“Bungie has created and continues to evolve some of the world’s most beloved videogame franchises and, by aligning its values with people’s desire to share gameplay experiences, they bring together millions of people around the world,” said Kenichiro Yoshida, Chairman, President and CEO at Sony Group Corporation. “As part of our Purpose to ‘fill the world with emotion, through the power of creativity and technology’, we will utilize the Sony Group’s diverse array of entertainment and technology assets to support further evolution of Bungie and its ability to create iconic worlds across multiple platforms and media.”

It is the most recent purchase in the gaming industry after Microsoft announced its intention to acquire Activision Blizzard for $68.7 billion USD.

[Source]: SIE: Bungie to Join the PlayStation Family – [Archive].