Sony’s $3.6 Billion Acquisition of Bungie Has Officially Completed

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Bungie, the developer behind Destiny, is now officially a part of the PlayStation Studios family. Sony initially announced its intent to buy Bungie back in January, the massive $3.6 billion acquisition has now been officially completed.

 

Hermen Hulst, head of PlayStation Studios had this to say.

“I have always admired Bungie’s ambitious, ground-breaking games and their focus on creativity, craft and community. I can’t wait to spend more time with Pete Parsons, Jason Jones and their team as we chart a bold course for SIE, PlayStation Studios, and Bungie together.”

CEO Bungie, Pete Parsons also shared his thoughts.

“This unprecedented partnership with PlayStation is a big, bold step forward. I could not be more excited for the next phase of our adventure. Our vision is to make Bungie the best place anyone in the entertainment industry will ever work – a center of creative and technical excellence for our team, our players, and the communities we call home.”

This announcement follows last week’s announcement of Sony officially closing its acquisition of Jade Raymond’s Haven Studios. CEO Sony Interactive Entertainment, Jim Ryan said that this acquisition of Bungie will help them create strong multiplatform, live-service games. He has also suggested that fans should expect more acquisitions soon, so stay tuned!

Source: Twitter

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