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Sony Buys Bungie For $3.6 billion

Sony is buying Bungie, the company that developed the popular games Destiny and Halo, for $3.6 billion. The news of the acquisition comes shortly after Microsoft announced that it is buying Activision Blizzard for $ 68.7 billion, a company known for a series of hit games such as World of Warcraft and Call of Duty. As Bungie CEO Pete Parsons posted on his blog, Bungie will "continue to independently publish and creatively develop games." "In CEE (Sony's subsidiary dedicated to entertainment and games) we have found a partner who unconditionally supports us in everything we are and wants to... … Read More »