Sony bolsters PlayStation, buying Destiny game maker Bungie for $3.6 billion
Sony's adding to its game lineup after Microsoft's high-profile purchases of game makers Bethesda and Activision Blizzard.
Ian SherrFormer Editor at Large / News
Ian Sherr (he/him/his) grew up in the San Francisco Bay Area, so he's always had a connection to the tech world. At CNET, he wrote about Apple, Microsoft, VR, video games and internet troubles. Aside from writing, he tinkers with tech at home, is a longtime fencer -- the kind with swords -- and began woodworking during the pandemic.
has reached a deal to buy Halo creator and Destiny maker Bungie, marking an escalation of efforts for the biggest game makers to expand their lineup with some of the most popular franchises in the industry.
"Bungie has created two of gaming's most iconic franchises, Halo and Destiny, and has deep expertise in bringing incredible immersive experiences at great scale to the community through games that evolve and develop over time, and has a hugely impressive road map for future content," Jim Ryan, head of Sony's PlayStation division, said in a blog post Monday.
Both Sony and Bungie said the deal will allow Sony to grow its stable of immersive game worlds, while giving the Destiny maker "creative independence" that it's relied on for so long. "This is a strategic step towards continuing to evolve the gaming experiences that we build," Ryan said in his statement. "This partnership will bring inspiring new experiences to both the PlayStation community and the community that Bungie has built."
Sony and Bungie didn't immediately respond to requests for further comment.
With Bungie, Sony is buying effectively one massive game, Destiny, as well as the developer behind it. But Bungie also represents an industry-defining developer, having created the space-age shooting game Halo, which has become a multibillion dollar franchise across games, books, TV shows, toys and more since its launch in 2001.
Sony's approach with Bungie is markedly different from other acquisitions. Wedbush analyst Michael Pachter noted that when Microsoft bought ZeniMax Media nearly a year and a half ago, for roughly twice Bungie's price, it also got a stable of more than a dozen popular games to add to its lineup. "I think this purchase is more panic driven than financially driven," he said.