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Spindel said:

Not to be condescending but is Bungie even relevant in this day and age?

I mean I understand their history, but are any of the driving creative forces still within the company?

They don't have the rights to "the" IP (Halo) that put Bungie on the main stream map.

Absolutely they are. Destiny 2 is still pretty big. 

Big enough to still have a constant stream of support and expansions.

They have a pretty good track record with quality too. Next new ip they release is likely to be pretty good and sell well.

While Sony paid a massive premium over their market cap, it's still a good buy.