Home Ā» Game industry arms race, Sony is rumored to acquire SQUARE ENIX | TechNews Technology News

Game industry arms race, Sony is rumored to acquire SQUARE ENIX | TechNews Technology News

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Game industry arms race, Sony is rumored to acquire SQUARE ENIX | TechNews Technology News

In recent years, mergers and acquisitions in the game industry have become more frequent, and major manufacturers have considered larger-scale integration in order to strengthen their competitiveness. The American game media pointed out that Sony may purchase Square Enix, a major Japanese game manufacturer, recently.

In 2021, the acquisition of Zynga by American game company Take-Two for US$12.7 billion, and the acquisition of Activision Blizzard by Microsoft for US$68.7 billion, set a record for the amount of mergers and acquisitions in the game industry. Big manufacturers have to speed up the consideration of mergers and acquisitions.

Microsoft’s direct rival to Xbox, after Sony acquired Dutch PC game platform optimization company Nixxes Software last year, in January and March this year, it acquired Bungie, the well-known blockbuster “Halo” series developer, and the former “Assassin’s Creed”. “After the Haven Studio led by series producer Jade Raymond, all circles believe that Sony should still have action.

Well-known game journalists, writers and designers Jeff Grubb and Greg Miller said in March that Sony is planning to acquire larger game companies, and Sony Interactive Entertainment CEO Jim Ryan attended the event in March It also revealed that after the acquisition of Bungie and Haven Studio, they are still looking for partners.

After SQUARE ENIX recently announced the sale of its subsidiary Western Studio and nearly 50 IPs of the new “Tomb Raider”, Grubb revealed on Twitter that SQUARE ENIX is likely to be Sony’s next major acquisition target.

SQUARE ENIX, which has classic works such as “Final Fantasy”, “Dragon Quest” and “Resurrection Cthulhu”, can greatly enhance the competitiveness of PlayStation if it is acquired by Sony. It is also a Japanese game company, and its corporate culture can be integrated faster than Western companies. .

SQUARE ENIX currently has a market value of about $4.864 billion, and Sony has about $10 billion in cash available, which is quite likely.

But the merger is still in the rumor stage and will not be confirmed until Sony makes an official statement.

(First image credit: shutterstock)


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