Sony Interactive Entertainment Aims For More Acquisitions After Bungie Purchase, President & CEO Jim Ryan Explains

The recent roster of acquisitions from Sony Interactive Entertainment continued to be dedicated support teams that worked with the PlayStation company before such as Nixxes Software, Bluepoint Games, and the most recent Valkyrie Entertainment. However, it was this week that the firm revealed its juggernaut buyout for Destiny developer Bungie costing more than $3 billion.

While many view the purchase to be an arrangement to counter the previous acquisition Microsoft has in line for Activision Blizzard that was announced last week, it is more profound than that. In an interview with gamesindustry.biz, President & CEO Jim Ryan explains the its desire at Sony Interactive Entertainment with the team and elaborates further on the future of acquisitions at the PlayStation firm.

I’ve been on record talking about increasing the size of the PlayStation community, and expanding beyond our historic console heartland. This can take many forms. And definitely one of the main ones is the ability for the wonderful games that we’ve been making over the past 25 years to be enjoyed in different places and played in different ways.

“The way people play games has changed a lot over the last few years. We have created some wonderful properties over the course of the last 25 years, with characters that people love and resonate the world over. Offering the opportunity to enjoy those experiences in a completely different way is something that we are very excited about. I can’t go into details today, but we have a really amazing roadmap on how to do that.”

Ryan goes on to elaborate on the timeframe it took for the deal to fruition to the announcement this week. “These conversations have been a number of months in gestation, and certainly pre-date the activity that we have seen this year. From our perspective, this is really doing what we feel is right for PlayStation, and what we feel is the right thing to do to drive PlayStation to places we’ve never been before.”

What are your thoughts on the ambitions from Sony Interactive Entertainment following its Bungie acquisition?

Source: gamesindustry.biz