Sony acquires Destiny 2 developer Bungie for USD 3.7 billion

Destiny 2 developer Bungie is now officially part of Sony. The PlayStation maker initially announced the acquisition early this year. The initial announcement was reportedly worth USD 3.6PHP 211INR 305EUR 3CNY 26 billion, but an SEC filing reveals the deal to be approximately worth USD 3.7PHP 217INR 314EUR 4CNY 27 billion

Bungie CEO Pete Parsons has announced through a blog post that despite being under Sony’s umbrella, Bungie will “continue to independently publish and creatively develop our games” and that games in development will not be exclusive to PlayStation.

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

Sony plans to access Bungie’s world-class expertise in multi-platform development and live games services to assist them in delivering their vision of expanding PlayStation to hundreds of millions of gamers. Sony sees live service games as a critical part of the PlayStation pipeline.