Sony Interactive Entertainment today announced a deal to acquire Bungie for $3.6 billion, the latest in a string of big-ticket consolidation deals in the games industry.
After the deal closes, Bungie will be "an independent subsidiary" of SIE run by a board of directors consisting of current CEO and chairman Pete Parsons and the rest of the studio's current management team.
Sony has said Bungie will remain a multiplatform studio, with the option "to self-publish and reach players wherever they choose to play."
https://www.gamesindustry.biz/articles/2022-01-31-sony-buying-bungie-for-usd3-6-billion