An investigation has been opened into Sony’s acquisition of Bungie Studio…
As previously announced, the US Federal Trade Commission (FTC) has opened an investigation into Sony’s acquisition of Bungie’s studio, which took place earlier this year.
The $3.6 billion deal was announced at the end of January, making the first month of 2022 one of the biggest for acquisitions in the industry, after Microsoft’s purchase of Activision Blizzard was announced shortly before that.
Although the Sony purchase is still small compared to the Microsoft deal, this investigation means that both deals are now being considered by the committee, regardless of their sizes, and also this does not mean exactly that either of them will not be implemented.
On the other hand, this investigation is evidence that the Federal Trade Commission (FTC) is paying more attention to the gaming industry, which has experienced significant growth to become one of the largest entertainment industries and has multi-billion dollar M&A deals.
At the moment of writing this news, there is not much information on the fate of the deal, and this announcement is only the beginning of a routine phase, and it is not clear what this investigation will reveal, and how it may affect the deal.
In another news, we learned through informed sources that Sony intends to conclude new acquisition deals to expand PlayStation Studios. Some sources have talked about a huge deal that Sony may reveal at any time during this year, as it was described that, if it succeeds, it will be a strong addition to the PlayStation Studios.
We also learned that Microsoft was not satisfied with the recent acquisitions, as Xbox President Phil Spencer indicated on more than one occasion that they are seeking to expand Xbox studios and there are attempts to expand mainly in the Japanese market, referring to the company’s pursuit of acquisition deals or perhaps cooperation. With a Japanese or Asian publishing and development company in general.