PlayStation CEO Jim Ryan on Bungie Buyout: “Expect More Acquisitions”

Image: Sony

Sony Interactive Entertainment surprised PlayStation fans today by revealing that it would be buying Bungie, the developer behind Destiny and the creator of the Halo series, in a deal valued at 3.4 billion dollars.

PlayStation CEO Jim Ryan has followed that major announcement up by confirming that Sony is “absolutely” planning to make more acquisitions, telling in an interview today about how the PlayStation family is expected to grow even bigger with purchases that might include some of the world’s best-known game studios. Ryan’s intentions seem to be clear indication that Microsoft’s acquisitions haven’t gone unnoticed by the higher-ups at Sony.

“We should absolutely expect more,” Ryan said in an interview regarding the intricacies of Bungie’s deal, which will allow the Destiny developer to continue independently publishing and creatively developing its games in light of its new ownership. “We are by no means done. With PlayStation, we have a long way to go.”

“I will personally be spending a lot of my time with Pete [Parsons, CEO] and the team at Bungie, helping make sure that everything beds down right and that autonomy means autonomy,” Ryan added before teasing that Sony has its wallets open and ready. “But elsewhere in the organisation, we have many more moves to make.”

Sony acquired as many as five studios last year, which includes the likes of Housemarque (Returnal), Bluepoint (Shadow of the Colossus), Firesprite (The Persistence), and Valkyrie Entertainment (God of War). PlayStation also swooped up Nixxes Software, a Dutch studio that’s best known for the PC ports of Shadow of the Tomb Raider, Deus Ex: Mankind Divided, and other popular titles published by Square Enix.


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