Sunday, May 29, 2022

PlayStation Boss Promises More Acquisitions Are Planned

Sony PlayStation PS5 PS4 Acquisition 1
Image: Push Square

In a rare podcast appearance, PlayStation bigwig Jim Ryan has promised that more acquisitions are planned. This follows heavy rumors earlier in the week from industry pundits Greg Miller and Jeff Grubb, in which they alluded to a “really big” buyout. Ever since Microsoft purchased Bethesda a couple of years back, companies have been racing to snaffle studios for their empires, which has resulted in Sony snagging developers like Bungie, Housemarque, and more.

“We’re growing through acquisition,” he told the PlayStation Blogcast. “We acquired five studios through the course of 2021. We’re in discussions with Bungie. And we have more planned.” Most recently, PlayStation bought Canadian developer Haven Studios, although it had already signed a publishing agreement with the Jade Raymond-led team.

So, who’s next, then? Who knows? Despite the chatter of a “really big” acquisition, it’s worth remembering that the people familiar with business deals like this will be legally bound to keep their mouths shut. As such, you probably shouldn’t believe anything you read on social media. From what Jim’s saying here, though, we’ll surely learn more once the ink has dried.

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