Sony to buy video game maker Bungie for $3.6bn as takeovers continue

Sony has agreed to purchase the online game maker Bungie for $3.6bn, the newest in a sequence of takeovers within the online game trade.

Washington state-based Bungie developed hit first-person shooter online game Future and Halo, a sequence that has offered among the largest ever hits for rival Microsoft’s Xbox system. Bungie was acquired by Microsoft in 2000 and cut up from Microsoft in 2007. Halo ​​is now managed by Microsoft-owned 343 Industries.

The sale comes after Microsoft’s $69bn acquisition of Activision Blizzard, maker of Name of Obligation, Diablo, and World of Warcraft and Take Two Interactive’s $12.7bn buy of FarmVille creator Zynga.

Bungie’s Destiny 2.
Bungie’s Future 2. Photograph: Bungie

“Bungie has created and continues to evolve among the world’s most beloved online game franchises and, by aligning its values with individuals’s want to share gameplay experiences, they bring about collectively hundreds of thousands of individuals around the globe,” stated Kenichiro Yoshida, chairman, president and CEO of Sony.

Bungie implied that it might proceed to develop its video games for all platforms. “We'll proceed to independently publish and creatively develop our video games,” stated the studio in a press release. “We'll proceed to drive one, unified Bungie group. Our video games will proceed to be the place our group is, wherever they select to play.”​

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