The Sony-Bungie buy is official.
That’s according to a short-and-sweet tweet by PlayStation on Friday.
@Sony: The agreement to acquire Bungie has closed. So now we can officially say… welcome to the PlayStation family, @Bungie!”
The agreement to acquire Bungie has closed. So now we can officially say… welcome to the PlayStation family, @Bungie! pic.twitter.com/x5jVmelaxl
— PlayStation (@PlayStation) July 15, 2022
We learned about the acquisition by Sony at the end of January. Sony originally estimated the deal to be worth $3.6 billion.
“First off, I want to be very clear to the community that Bungie will remain an independent and multi-platform studio and publisher,” President & CEO of Sony Interactive Entertainment Jim Ryan wrote at the time of the first announcement. “As such, we believe it makes sense for it to sit alongside the PlayStation Studios organization, and we are incredibly excited about the opportunities for synergies and collaboration between these two world-class groups. I have spent a lot of time with Pete Parsons, Jason Jones, and the Bungie management team to develop the right relationships where they will be fully backed and supported by Sony Interactive Entertainment and enabled to do what they do best — build incredible worlds that captivate millions of people.”
The news of the acquisition came during what felt like a domino effect after we learned Microsoft bought both Activision-Blizzard for $68 billion (well said they want to) earlier in January and Bethesda officially in March of 2021.
“In Sony, we have found a partner who unconditionally supports us in all we are and who wants to accelerate our vision to create generation-spanning entertainment, all while preserving the creative independence that beats in Bungie’s heart,”  Bungie CEO Pete Parsons said at the time. “Like us, Sony believes that game worlds are only the beginning of what our IPs can become. Together, we share a dream of creating and fostering iconic franchises that unite friends around the world, families across generations, and fans across multiple platforms and entertainment mediums. Today, Bungie begins our journey to become a global multi-media entertainment company.”
