Sony Interactive Entertainment acquires Bungie

Bungie joins the PlayStation family from Japanese publisher Sony.

Bungie, creator of Halo and Destiny, has been acquired by Sony Interactive Entertainment for $3.6 billion. The American studio, led by a board of directors chaired by Pete Parsons and the current management team, will not be directly affiliated with PlayStation Studio and will continue to operate independently while maintaining self-publishing capability. This acquisition will give SIE access to Bungie’s first-class approach to online gaming services and technology experiences that will reach billions of gamers over the next few years.

“Bungie created and continues to develop some of the world’s most beloved video game franchises, and by aligning its values ​​with people’s desire to share gaming experiences, they connect millions of people around the world,” said Kenichiro Yoshida, CEO of Sony. Group Corporation. “As we strive to fill the world with emotion through creativity and technology, we will leverage our company’s diverse entertainment and technology assets to support Bungie’s continued evolution and ability to create iconic worlds across platforms and media.”

Jim Ryan, Chairman and CEO of Sony Interactive Entertainment, added: “We have had a strong partnership with Bungie since the inception of the Destiny franchise and I am thrilled to officially welcome the studio to the PlayStation family. This is an important step in our strategy to expand the reach of PlayStation to a much wider audience. We understand how important the Bungie community is to the studio and look forward to supporting them as they remain independent and continue to grow. Like Bungie, our community is at the core of PlayStation’s DNA, and our shared passion for gamers and creating the best place to play will now grow even further.»

Bungie reacts to Sony Interactive Entertainment takeover

Based in Bellevue, Washington, USA with over 900 employees, Bungie is known for creating unforgettable, evolving worlds focused on high-quality gameplay that fosters meaningful connections between players. The team is currently focused on the long-term development of the hugely successful Destiny 2, expanding the Destiny universe and creating entirely new worlds with never-before-seen licenses.

“In Sony Interactive Entertainment, we have found a partner who fully supports us and wants to accelerate our vision of creating meaningful entertainment that spans generations while appreciating the creative independence that is at the heart of our studio,” said Pete Parsons, CEO of Bungui.

“We will fulfill our vision of a unified Bungie community by building games that value our community and meeting them where and how they want to play. Bungie and SIE believe that game worlds are just the beginning of what our intellectual property will become. Our original universes have great potential, and with the support of SIE, we will build Bungie into a global media entertainment company that will bring our creative vision to life.»