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Bungie Deal Still Closing This Year Despite Investigation

3 years ago
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Bungie

Could 12, 2022 Gabe Reisinger

It nonetheless feels bizarre to sort that Bungie, the creators of what’s arguably Microsoft’s greatest property — Halo — is getting purchased by PlayStation as a largely unbiased studio. Whereas the deal appears to maintain their independence in tact, they’re seemingly going to be an enormous participant in bolstering Sony’s reside service video games market.

With this big $3.4 billion deal nonetheless within the woodworks and topic to regulatory approval, the FTC is formally wanting into the deal to ensure that nothing fishy is happening behind the curtains. Regardless of this on-going investigation, Sony believes and has detailed to buyers throughout a current earnings name that the deal is slated to shut within the third quarter, so by December 31, 2022.

The purpose of the merger is partly to help in bringing Future past video video games, which given Sony’s personal movie and music divisions, they’d be extra prone to succeed than every other. The opposite half is boosting the reside service video games market Sony appears to need to enhance their presence in. Given the acquisition doesn’t cease Bungie from publishing video games on different platforms, it’s unlikely this FTC investigation will discover any type of anti-trust regulation violations.

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