Sony Buys Destiny 2 Game Developer Bungie: Bungie, the creator of Destiny Game, has been acquired by Sony for $3.6 billion.
While the news of Microsoft acquiring Activision spread like wildfire in the industry a few days ago, Sony made headlines today when it announced the acquisition of Bungie for a lump payment of $3.6 billion. The acquisition was announced through Twitter and the firm’s official blog and will see the heritage gaming company that was originally controlled by Microsoft and developed the iconic Halo franchise join the likes of Sony’s PlayStation division.
Sony Buys Destiny 2 Game Developer Bungie for $3.6 billion
After the agreement was concluded, Sony turned to Twitter to share the news via its official PlayStation Twitter handle. Furthermore, Sony CEO and President Jim Ryan, as well as PlayStation Studios head Hermen Hulst, expressed their thoughts on the purchase via official blog postings on Sony and PlayStation’s newsrooms. You may see the tweet posted below.
Bungie is joining PlayStation.
— PlayStation (@PlayStation) January 31, 2022
Bungie was founded in 1991 as a video game development business by Alex Seropian and Jason Jones. It was then bought by Microsoft in 2000 and produced games such as the wildly successful Halo series. Bungie went independent again in 2007, signing a ten-year agreement with Activision. It is presently the major team behind the Destiny 2 game.
According to Hulst, the acquisition would allow PlayStation Studios to use Bungie’s technological skills and track record of developing “highly engaged communities” in the gaming industry.
“For starters, please know that I am a big Bungie fan. They are a historic studio that has made a significant contribution to the medium that we all love. Bungie’s gameplay is legendary with fluid and balanced mechanics that are easy to pick up and hard to put down,” said Hulst in the blog post. “Their game worlds are beautiful and expansive, with a tactile, lived-in quality that makes them stand out. And I respect their relationship with the gaming community, and their dedication to creating experiences that grow and evolve to continue entertaining players,” he further added.
On the other side, Sony CEO Jim Ryan expressed his thoughts in an official blog post. Ryan emphasised in his statement that, despite PlayStation’s takeover of Bungie, the company will stay autonomous. Bungie’s track record of creating profitable sci-fi shooter games, according to Ryan, will make a great compliment to Sony’s intellectual property portfolio.
“Bungie’s successful track record in multi-format publishing and live game services will assist us in realizing our ambitions to take PlayStation beyond the console and increase our potential audience,” Ryan wrote in his post. “They will remain independent and multi-platform, will enjoy creative freedom, and their track record in developing massively successful franchises in the sci-fi shooter genre will be highly complementary to SIE’s own IP portfolio,” the CEO further added.
As a result, we may see some Bungie-developed exclusive PlayStation games in the future. According to Sony, the move is a “strategic step” toward evolving future gaming experiences and bringing “inspiring new experiences” to both the PlayStation userbase and the Bungie community.