A gamer plays the video game ‘Destiny 2’ developed by Bungie Studios and published by Activision during the ‘Paris Games Week’ on October 31, 2017 in Paris, France.
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Sony Interactive Entertainment has agreed to acquire privately-held video game developer Bungie for $3.6 billion, adding to a flurry of video game consolidation this month.
Bungie is the firm behind the multiplayer shooter games Destiny and Halo, the latter of which it developed until 2010. Bungie was acquired by Microsoft in 2000 and split from Microsoft in 2007.
While smaller than both Take-Two Interactive’s $12.7 billion deal for Zynga and Microsoft’s $69 billion acquisition of Activision Blizzard this month, Sony is acquiring the company that, with Halo, helped launch Microsoft’s first Xbox in 2001. All three deals were announced this month. Technology companies are increasingly interested in gaming…
