Sony Interactive Entertainment to acquire videogame developer Bungie
Sony Interactive Entertainment LLC , a wholly-owned subsidiary of Sony Group Corporation has announced that it has entered into definitive agreements to acquire 100% of the shares of Bungie, Inc., an independent videogame developer in the United States.
The total consideration of this transaction is $3.6 billion, inclusive of purchase price and committed employee incentives, and is subject to customary working capital and other adjustments. The transaction is subject to certain closing conditions, including regulatory approvals. For further details, please refer to the attached press release.
The impact of this transaction on Sony’s consolidated financial results is currently being evaluated.
