Sony buys Hollow-created punk for $ 3.6 billion

  • Tech
  • February 1, 2022

D + D – Normal size

Bungee, the original creator of Hollow and Destiny’s developer, has announced the acquisition of Sony Interactive Entertainment for $ 3.6 billion in a series of recent merger deals in the video game industry.

The US company said in a blog post that Benji will be joining the Sony PlayStation family, this time working to strengthen the network of popular game makers such as the Japanese team (Spider-Man). Lots of money.

Microsoft, whose Xbox game console sales are much lower than Sony’s PlayStation, paid $ 69 billion to its Call of Duty maker Activision Blizzard in January.

“While this is one of the biggest acquisitions Sony has ever made, Microsoft’s payoff shows fierce competition in the industry,” said Pierce Harding Rolls, a gaming analyst at Ampere Analytics.

Prior to becoming a private company in 2007, Benji, based in Microsoft-owned Washington, D.C.

Benji is currently planning to hire more talent for the previously released video game Destiny 2 by Activision Blizzard.

As these companies look for new revenue, the video games industry is seeing a flurry of merger deals to take advantage of the increased demand caused by the epidemic, with new deals reducing taxes between computer game companies and mobile game makers.

The sector is on track to set a new record of $ 150 billion in contracts, finance and IPOs this year, according to investment banking firm Drake Star Partners.

“This (funky deal) is an important step in our strategy to expand the PlayStation to a wider audience,” said Jim Ryan, head of the Sony Corp division responsible for PlayStation.

See also  Galaxy Z Fold 5 and Z Flip 5: New foldable smartphones revealed in leaked images

Benji will be an independent unit of Sony Interactive Entertainment and will be managed by its Board of Directors headed by CEO Pete Parsons.

Print
Email




  • Stuart Wagner

    "Professional coffee fan. Total beer nerd. Hardcore reader. Alcohol fanatic. Evil twitter buff. Friendly tv scholar."

    Related Posts

    • Tech
    • June 5, 2024
    • 505 views
    Artificial Intelligence in Daily Work

    Using AI has become a part of our everyday lives, including work. We can ease so many tasks and still be good at what we do for a living! Many…

    • Tech
    • May 20, 2024
    • 599 views
    Unlock the easiest way to get EU citizenship of Slovenia and Romania with Union Permits

    Due to the nature of their immigration programs, Slovenia and Romania are the European countries where it is easier to get EU citizenship. In these states, newcomers can obtain a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    How to Choose the Right Mattress: Find the Best Fit for You

    How to Choose the Right Mattress: Find the Best Fit for You

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Best Kitchen Renovation Ideas to Upgrade Your Space

    Best Kitchen Renovation Ideas to Upgrade Your Space

    Where to Get a Professional Massage in Dubai

    Where to Get a Professional Massage in Dubai

    Dog Spay Surgery 101: Benefits, Risks, Cost, and Aftercare

    Dog Spay Surgery 101: Benefits, Risks, Cost, and Aftercare