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Jim Ryan: Sony Will Strengthen With Further Acquisitions

Sony Interactive Entertainment’s president and CEO has confirmed that PlayStation Studios will expand with additional teams in 2022.

 

This week, Sony has been on quite a roll, announcing how PlayStation Plus will be transformed. The free games for April were revealed (again, we knew about them early due to the usual leak), and then rumours that there will be a significant acquisition happening shortly. No announcement of this has been made, but the new financial year that started on April 1 could get off to a strong start if the subsequent acquisition is announced soon.

Ryan was a guest on the 427th episode of the official PlayStation podcast, and it was mentioned here that further acquisitions would follow Housemarque, Nixxes Software, FireSprite, Bluepoint Games, Valkyrie Entertainment and the Jade Raymond-founded Haven Studios. “The critical success and the commercial success of the first-party games that we’ve been making has permitted us to invest heavily into content creation. We’re growing our studios organically, and we’re growing through acquisition. We acquired five studios in 2021. We’re in discussions with Bungie. And we have more plans,” Ryan said.

Sony could expand with, for example, the support studios (e.g. Deviation Studios, Firewalk Studios; both teams have worked on AAA multiplayer, live service games), but a much bigger fish could be biting at their heels. They’ve got about ten billion dollars of buyout money left this year, which could even bring in a major Japanese publisher. For example, Capcom ($5.273 billion market capitalisation), Square Enix ($5.553), SEGA ($4.027), Konami ($8.459)…

Some major acquisition is rumoured to be happening. Since we’ve seen a significant deal already closed from Microsoft (ZeniMax Media, under which Bethesda and all its studios fall) and another one that could still be blocked (Activision Blizzard), Sony should make some moves.

Source: WCCFTech

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