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Sony has announced the acquisition of video game developer Bungie, creators of the Halo franchise and current hit Destiny, in a $3.6 billion deal.

Sony acquires Halo & Destiny creator Bungie for $3.6 billion

Sony has announced the acquisition of video game developer Bungie, creators of the Halo franchise and current hit Destiny, in a $3.6 billion deal. 

Sony has acquired the developer of Destiny, and formerly Halo, for $3.6 billion.

Sony has announced the acquisition of video game developer Bungie, creators of the Halo franchise and current hit Destiny, in a $3.6 billion deal. The move comes as the arms race in the gaming industry heats up after Microsoft&rsquo;s acquisition of publisher Activision Blizzard for $68.7 billion.
In a blog post, Bungie CEO Pete Parsons said that the studio will continue to independently publish and develop games. &ldquo;In SIE, 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&rsquo;s heart,&rdquo; Parsons wrote.
<h2>Destiny 2 to remain cross platform</h2>
Destiny 2, the company&rsquo;s current flagship game, boasts a player base of over 38 million. It is currently available on both Sony and Microsoft&rsquo;s consoles, along with PC. Bungie has made clear that Destiny 2 would continue to be multiplatform in the future, explicitly stating that the game will receive no preferential treatment or exclusive content on Sony&rsquo;s PS4 and PS5 consoles.
According to Bungie, any future games they develop will also remain cross-platform, and not exclusives for Sony consoles. &ldquo;We will continue to be self-published, creatively independent, and we will continue to drive one, unified Bungie community,&rdquo; the company said in a statement.
Also Read:&nbsp;<a href="https://www.editorji.com/story/call-of-duty-exclusive-to-xbox-all-you-need-to-know-about-microsoft-s-activision-blizzard-deal-1642588427402" target="_blank">Call of Duty exclusive to Xbox? All you need to know about Microsoft&rsquo;s Activision Blizzard deal</a>
<h2>The creators of Halo</h2>
Bungie was the original developer and creator of Microsoft&rsquo;s hit franchise Halo. Under Bungie&rsquo;s direction, Halo grew to be one of the most popular video game franchises of all time. Bungie gave up control of the first-person shooter to become an independent company in 2007. The company continued to make Halo games until Halo: Reach in 2010, where it handed over the reins of the Halo franchise to current developer 343 Industries.
In 2010, Bungie announced a publishing deal with Activision for its shooter Destiny, which was launched in 2013. Bungie then launched Destiny 2 in 2017.

bungie

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