PlayStation Acquires Bungie For $3.6 Billion

“I’m absolutely thrilled to welcome Bungie to the PlayStation family! Bungie create community-driven games with outstanding technology that are enormous fun to play, and I know that everyone at PlayStation Studios will be excited about what we can share and learn together.”
– Hermen Hulst, PlayStation Studios Head

Hermen Hulst, PlayStation Studios Head

Bungie will also continue to distribute its upcoming video games on a variety of platforms after Sony completes its acquisition. Meaning, they won’t be limited to PlayStation. This has been verified by the company’s CEO, Pete Parsons, in a post on the PlayStation blog.

“We remain in charge of our destiny. We will continue to independently publish and creatively develop our games.

Our games will continue to be where our community is, wherever they choose to play.”
– Pete Parsons, Bungie CEO

Activision Blizzard by Microsoft is just the latest example of the lengthy time it takes to see the fruits of a significant industry acquisition become functional and produce profits. On the other hand, Parsons has spoken of an “immediate change” from this collaboration; an increase in recruiting for their future projects, as seen by the openings section of their website.

SOURCE: PlayStation Blog

Feel free to share your thoughts in the comments below. For more content, stay with us, here at Spiel Times.    

Make sure you also subscribe to our push-notifications and never miss an update from the world of video games. Follow us on Twitter @spieltimes for the latest PS5 restock and drop. Until next time, Stay Safe and Happy Gaming!