PlayStation’s acquisition of Bungie is being investigated by the FTC, which could affect when the deal closes. Earlier this year, PlayStation announced its intention to buy Bungie for $3.6 billion. The deal was huge, as Bungie was once an Xbox-owned studio responsible for creating Halo’s biggest platformer franchise. Since splitting from Microsoft and leaving Halo behind, Bungie has been working on the Destiny series, which has proven so successful that it has helped spawn many other live service titles. As such, PlayStation saw value in the developer and sought to collect it. The news broke shortly after Microsoft announced its acquisition of Activision, but Sony has kept its deal in the works for months.
Now, the FTC has opened an investigation into the PlayStation’s acquisition of Bungie. This is not to say that anything bad has happened behind the scenes, but the investigation is primarily used to comb out details with a fine-toothed comb. According to the informationThe investigation may delay completion of the transaction by more than six months. The FTC is said to be getting bolder about reviewing these types of deals as they become more prominent. The agency is also concerned that Sony will make Bungie games exclusive to PlayStation, but the platform owner confirmed that this would not be the case when the deal was announced.
As of now, the deal is expected to expire sometime in early 2023. It seems unlikely that the deal will be blocked out entirely as long as Sony keeps its promise to keep Bungie’s multiple gaming platforms. It seems more likely that Sony will use the developer to boost its free-to-play and FPS offerings as well as give Bungie the resources to expand its worlds beyond games through the use of Sony Pictures for movies or shows. We’ll likely hear more about all the plans outlined sometime next year.
What do you think of the PlayStation and Bungie deal? Let me know in the comments below or hit me up TwitterCade_Onder.
.
[ad_2]
