Sony’s Bungie Jump Won’t Scare Microsoft

Sony is buying videogame developer Bungie, the studio behind the ‘Destiny’ franchise.



Photo:

Christian Petersen/Getty Images

Competing with Big Tech’s wallet is hard, even for slightly smaller techs.

Sony’s $3.6 billion deal to buy videogame developer Bungie, announced on Monday, is big in its own right. The acquisition is the largest ever by the Japanese conglomerate’s videogame business and ranks among the parent company’s top five deals in…

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