PlayStation 5: SONY’s takeover strategy is far from over

As SIE boss Jim Ryan confirms once again, SONY is still looking for suitable development studios that are suitable for a takeover.

Like other large gaming companies, SONY has also strengthened its portfolio through various acquisitions in recent months.

Bluepoint Games, Valkyrie Entertainment, Housemarque, Firesprite, Haven Studios and Destiny developer Bungie now belong to the Japanese company. In addition, major investments have been made in Discord and Devolver Digital, among others.

During a business briefing, SIE CEO Jim Ryan indicated that this approach is designed to build PlayStation Studios’ strength and add further expertise:

“We have been extremely active in M&A and investments.”

“The purpose of these investments is to enhance the core strength of PlayStation Studios, but also to gain expertise in areas of game development where we have not had a significant presence in the past. The proposed Bungie partnership is a great example of the latter.”

In addition, Ryan repeated once again that the company’s acquisition strategy is not yet over and that they are still looking for potential targets that would benefit SONY’s current approach:

“As we transition from our historical game development strategy to a much broader market reach than we currently have, it is highly likely that external stimulus will be required to help us achieve these dreams. And to the extent that potential targets fit our strategy, to the extent that potential targets allow us to accelerate execution of our strategy, we will certainly consider further M&A activity to complement our business portfolio. “

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