Take Two Interactive Corp News Today

With the acquisition of Bungie, Sony will have a replacement for the Call of Duty franchise for the future, if Microsoft at a later point decides it wants to take the series exclusively to Xbox and PC.

Sony Group Corp is purchasing Bungie Inc, the US video game developer behind the popular Destiny and Halo franchises, for US$3.6 billion to bolster its stable of game-making studios. The deal announced on Monday by Sony Interactive Entertainment (SIE) is the third significant video-game acquisition this year, following Microsoft Corp’s purchase of Activision Blizzard Inc for US$69 billion two weeks ago and Take Two Interactive Corp snagging mobile game leader Zynga Inc on Jan. 10. Buying Bungi...