Big video game companies just can’t stop buying studios
Sony's deal for Bungie caps what's been a huge month for gaming acquisitions. | Photo by STR/NurPhoto via Getty Images Sony just announced its intent to acquire Destiny maker Bungie for $3.6 billion, capping what's been an absolutely massive month for gaming acquisitions. Take-Two kicked things off with its deal to buy Zynga for $12.7 billion, which at the time may have counted as the biggest deal in the video game industry, but Microsoft significantly one-upped that just a week later with its $68.7 billion deal to buy Activision Blizzard. The total value of all three acquisitions, assuming they all go through, is a staggering $85 billion.
With Bungie, Sony will house the talent behind the hugely popular Destiny 2, and it seems likely the company will use Bungie's expertise to help create similarly expansive and long-running live service titles. Sony is...