Sony Interactive Entertainment president and CEO Jim Ryan: ‘Absolutely expect more acquisitions’
Bungie acquisition in the works for the past five or six months.
Further acquisitions are in sight for Sony Interactive Entertainment, according to president and CEO Jim Ryan.
Speaking to GamesIndustry.biz following today’s announcement that Sony Interactive Entertainment will acquire Bungie, Ryan said, “We should absolutely expect more [acquisitions]. We are by no means done. With PlayStation, we have a long way to go. I will personally be spending a lot of my time with [Bungie CEO] Pete [Parsons] and the team at Bungie, helping make sure that everything beds down right and that autonomy means autonomy. But elsewhere in the organization, we have many more moves to make.”
Ryan also told the outlet that the motivation behind Sony’s acquisition of Bungie is to help boost its own abilities to make live service, multiplatform titles.
“I’ve been on record talking about increasing the size of the PlayStation community, and expanding beyond our historic console heartland,” Ryan said. “This can take many forms. And definitely one of the main ones is the ability for the wonderful games that we’ve been making over the past 25 years to be enjoyed in different places and played in different ways. We are starting to go multiplatform, you’ve seen that. We have an aggressive road map with live services. And the opportunity to work with, and particularly learn from, the brilliant and talented people from Bungie… that is going to considerably accelerate the journey we find ourselves on.”
Ryan added, “Philosophically, this isn’t about pulling things into the PlayStation world. This is about building huge and wonderful new worlds together.”
The Bungie deal was in the works for the past five or six months, and is not a reaction to Microsoft’s recently announced proposal to acquire Activision Blizzard.
“These conversations have been a number of months in gestation, and certainly pre-date the activity that we have seen this year,” Ryan said. “From our perspective, this is really doing what we feel is right for PlayStation, and what we feel is the right thing to do to drive PlayStation to places we’ve never been before.”