Sony to Buy Videogame Developer Bungie in $3.6 Billion Deal

Reuters2022-02-01

Sony Interactive Entertainment will acquire videogame developer Bungie Inc in a deal valued at $3.6 billion, the companies said on Monday, making this the third deal this month in a fast consolidating gaming sector.

Bellevue, Washington-based Bungie, which worked on the Halo videogame series, split with Microsoft Corp and became a privately held company in 2007.

The deal follows Microsoft's nearly $70 billion acquisition of Activision Blizzard and Take-Two's deal to buy Zynga this month.

Bungie has worked on a number popular gaming titles including "Marathon", "Myth" and "Destiny."

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S071
2022-02-01
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