Acquisition

Sony to Acquire Destiny Developer Bungie

Sony to Acquire Destiny Developer Bungie

In yet another major industry announcement, Sony Interactive Entertainment has reached a deal in principal to acquire Destiny developer Bungie for $3.6 billion. Thanks to a report from Gamesindustry.biz, here are the full details: Bungie will remain an independent subsidiary of SIE. Bungie will remain a multi-platform studio with the…
Read
Tencent Acquires Back 4 Blood Developer Turtle Rock

Tencent Acquires Back 4 Blood Developer Turtle Rock

In yet another acquisition within the gaming industry, Tencent has acquired Back 4 Blood developer Turtle Rock. Via an article from Business Wire, Tencent has acquired Turtle Rock Studios’ parent company, Slamfire, Inc., the companies announced today. Turtle Rock will become part of Tencent, while retaining its independent operations out…
Read
PlayStation Formally Announces Acquisition of Bluepoint Games

PlayStation Formally Announces Acquisition of Bluepoint Games

Rumored for some time, and even accidentally announced a few months ago, PlayStation has now formally announced their acquisition of Bluepoint Games. Herman Hulst made the announcement on Twitter while also quipping "None of you saw this acquisition coming" obviously making fun of their own prior slip-up. https://twitter.com/hermenhulst/status/1443594280250093569?s=20 Rumors have…
Read