Sony acquires 'Halo' and 'Destiny' creator Bungie for $3.6 billion
The news comes 13 days after Microsoft's buyout of Activision Blizzard.
Varun Gavankar 
While Microsoft continues to bolster its portfolio with the acquisition of Bethesda, and most recently Activision Blizzard. On the other side, Sony has announced that it is set to buy out Bungie, the developer of Destiny and the original creator of the highly successful Halo franchise for $3.6 billion.
Although, a statement from CEO Pete Parsons confirms that Bungie will "continue to independently publish and creatively develop our games."
"I've been a fan of Bungie for many years. I have admired and enjoyed the games that they create - and have great respect for their skill in building worlds that gamers want to explore again and again," said Hermen Hulst, Head of PlayStation Studios. We will be ready to welcome and support Bungie as they continue to grow, and I cannot wait to see what the future holds for this incredible team."
Bungie's games will be multiplatform, and Sony will have access to Bungie's live gaming services as part of the deal. Upon the acquisition, the company will operate as an autonomous subsidiary of Sony Interactive Entertainment, managed by its Board of Directors and CEO and Chairman Pete Parson.
