Sony completes $3.6 bn Bungie purchase

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Sony completes $3.6 bn Bungie purchase

Halo was one of Microsoft Xbox’s flagship franchises, but after a few sequels, Bungie was spun out into an independent company.

“We will be ready to welcome and support Bungie as they continue to grow, and I cannot wait to see what the future holds for this incredible team,” said Hermen Hulst, Head of PlayStation Studios.

Bungie’s next IP, codenamed Matter, is rumored to be a “multiplayer action game” with “character-based” gameplay.

After acquiring Bungie, Sony said it plans to launch more than 10 new live service games by March 2026.

Story Highlights

  • “The agreement to acquire Bungie has closed. So now we can officially say… welcome to the PlayStation family,” the company said in a tweet late on Friday.

  • In 2013, Bungie launched the Destiny game which became a huge hit.

Bungie said last year that its next IP will launch before 2025. But that’s just one game out of the 10, and Eurogamer points out that there are signs of many more in the works.