Bungie is now officially part of Sony

Bungie is now officially part of Sony

Destiny 2 developer Bungie is now officially part of Sony. The PlayStation maker announced its intention to acquire the gaming studio in January, and now, that acquisition is complete. In the initial announcement, Sony said (PDF) the deal was worth $3.6 billion, but in an SEC filing on Friday, it said the deal was worth "approximately" $3.7 billion.

While it is now under Sony's umbrella, Bungie will "continue to independently publish and creatively develop our games," Bungie CEO Pete Parsons said in a blog post from the original announcement of the acquisition. And future games in development will not be PlayStation exclusives, said Bungie's Joe Blackburn and Justin Truman.

But Sony plans to lean on Bungie for its "world-class expertise in multi-platform development and live game services," which will "help us deliver our vision of expanding PlayStation to millions of gamers," says Sony. it is said. Jim Ryan, president and CEO of Interactive Entertainment, said in January. Sony sees live service games as an important part of PlayStation's future, as it plans to launch more than 10 new live service games by March 2026.

Now that Bungie is officially part of Sony and Take-Two completed its acquisition of Zynga in May, we no longer have to wait for Microsoft to wrap up its massive $68.7 billion purchase of Activision Blizzard. However, it may take some time to complete; Microsoft expects the deal to close in its fiscal year 2023, which began this month and runs through June 2023.