PlayStation’s $3.6 billion acquisition of Bungie is now complete

Done deal.

PlayStation’s acquisition of Bungie, the makers of Destiny 2 and original makers of the Halo franchise, is now complete, the company announced today.

The purchase of the studio was first announced in January for a price of $3.6 billion, only closing and becoming official as of today. Bungie will remain a multiplatform developer, offering its expertise on live-service games to help grow the PlayStation ecosystem.

“We remain in charge of our destiny,” Bungie said in January. “We will continue to independently publish and creatively develop our games. We will continue to drive one, unified Bungie community. Our games will continue to be where our community is, wherever they choose to play.​”

Bungie has several new titles in development beyond Destiny 2, including a rumored multiplayer mobile game in the same universe, as well as at least one all-new IP.

“Bungies world-class expertise in multi-platform development and live game services will help us deliver on our vision of expanding PlayStation to hundreds of millions of gamers,” said Jim Ryan, president and CEO of Sony Interactive Entertainment. “Bungie is a great innovator and has developed incredible proprietary tools that will help PlayStation Studios achieve new heights under Hermen Hulsts leadership.”

Last summer, Bungie also confirmed two more large-scale expansions coming to Destiny 2 to close out the “Light and Dark saga.” 2023 will feature the Lightfall expansion before the current story comes to a head with The Final Shape in 2024. The franchise will continue beyond that point.

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