Despite FTC investigation, Sony expects Bungie acquisition to close this year

Despite FTC investigation, Sony expects Bungie acquisition to close this year
Despite FTC investigation, Sony expects Bungie acquisition to close this year 1
Bungie PlayStation Sony 1

Here’s your weekly reminder that, yes, Sony is still buying Destiny developer Bungie. While the iconic studio will remain largely independent, the platform owner hopes the purchase will help inform its production on numerous upcoming live service games. And while the multibillion-dollar purchase is currently under investigation by the FTC, the company’s top executives are pretty cool about it all.

“This forecast is based on the assumption that the Bungie acquisition, which is currently under review by the relevant authority, will close in the third quarter ending December 31, 2022,” it said. said of your guide for the next fiscal year. Translation of Corporate Speak™: “We don’t give a shit about the investigation and are making plans assuming the acquisition will close.”

It’s the first real instance where the platform owner has attached a timeline to the acquisition, so it’s good to know that should everything is done and dusted by the end of the year. Research is important, of course, but while there’s often a lot of bluster surrounding these matters (see Sony’s purchase of Crunchyroll as another recent example), the ink tends to dry up in the end.

Despite FTC investigation, Sony expects Bungie acquisition to close this year 1

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