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PC Gamer
PC Gamer
Andy Chalk

FromSoftware's parent company confirms that Sony is looking to buy it out

Elden Ring character with snow witch Ranni on their back with her arms around their neck.

FromSoftware parent Kadokawa Corporation has confirmed that Sony has in fact expressed formal interest in acquiring the company.

The proposed acquisition was first reported yesterday by Reuters and Nikkei, each citing their own separate sources saying a deal was in the works. In a statement released today acknowledging those reports, Kadokawa said that while no formal announcement about a possible buyout has been made, "the company has received an initial letter of intent to acquire the company's shares."

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