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Buying Bungie will give Sony one of the most popular first-person shooter games to compete with the massive "Call of Duty" series, which Sony’s main rival now owns through Activision.

Bungie, the veteran game studio that created the "Destiny" and "Halo" franchises, is being acquired by Playstation producer Sony for in a deal worth $3.6 billion, in a deal that continues the consolidation of the games industry.

Destiny 2 will remain multiplatform, Bungie says, after Sony Interactive Entertainment acquisition.

(RTTNews) - Sony Interactive Entertainment has agreed to buy privately-held video game developer Bungie for $3.6 billion, the latest big deal in t...

Sony has announced its plans to acquire Destiny developer Bungie for $3.6 billion, but the studio will remain largely independent after the deal closes.

Another day, another massive acquisition in the world of video games, and it's only January.

The acquisition is a major step toward the monopolization of the video game industry by a handful of companies.

But regulatory hurdles could zap big buys into the danger zone....MSFT

Artificial Intelligence In Gaming Market to Get a New Boost | Intel, Salesforce, Brighterion

Plus: Big bank earnings and much more.