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Sony joins game-buying spree with $5b Bungie purchase

New York | Sony is purchasing Bungie, the US video game developer behind the popular Destiny and Halo franchises, for $US3.6 billion ($5.1 billion) to bolster its stable of game-making studios, as dealmaking in the sector accelerates.

The deal announced on Monday (Tuesday AEDT) by Sony Interactive Entertainment is the third significant video-game acquisition this month, following Microsoft’s purchase of Activision Blizzard for $US69 billion two weeks ago and Take Two Interactive snagging mobile game leader Zynga on January 10.

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    Original URL: https://www.afr.com/technology/sony-joins-game-buying-spree-with-5b-bungie-purchase-20220201-p59sym