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Steven Wright

Sony acquires 'Halo,' 'Destiny 2' developer Bungie for $3.6 billion

Sony has announced a deal to buy Bungie. An apparent counter-punch to Microsoft's high-profile acquisition of industry giant Activision Blizzard, the company behind PlayStation will now own the studio behind Destiny 2 and many other successful shooters, particularly Halo and Marathon.

According to the announcement, once the deal closes, Bungie will function as an independent subsidiary of Sony Interactive Entertainment. The studio will be run by a board of directors that will include current CEO Pete Parsons and the rest of its existing management team.

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