Welcome to PlayStation family: Sony completes $3.6 bn acquisition of Bungie

Japanese giant Sony has closed the $3.6 billion acquisition of Bungie, the developer of Destiny and the original creator of the hugely popular Halo franchise.

“The agreement to acquire Bungie has closed. So now we can officially say… welcome to the PlayStation family,” the company said in a tweet late on Friday.

The Sony-Bungie acquisition evaded the antitrust scrutiny while Microsoft’s $68.7 billion acquisition of ‘Call of Duty’ maker Activision Blizzard is facing formal investigations in the US, the UK and South Korea.

Bungie will “continue to independently publish and creatively develop our games,” its CEO Pete Parsons had said in a statement earlier this year.