PlayStation is Still Planning for More Acquisitions in the Future


Moving into the PS5 era, PlayStation head Jim Ryan says the business still has a desire to grow its first-party presence where it makes sense to do so. With the PS5 already flying off of the proverbial shelf, it doesn’t sound as though Sony will be resting on its laurels when it comes to growing in the upcoming generation. In a new conversation with Reuters, PlayStation President Jim Ryan said that the company is still looking to grow over time in the form of various mergers or acquisitions. Ryan specified that it would be looking to grow in an organic manner “where we can bolster our in-house capability with selective M&A that might be possible.” In recent years, Sony has continued to express that it has a desire to grow through acquisitions, but it hasn’t made as many moves compared the company’s closest competitor in Microsoft. The newest studio to join Sony’s larger PlayStation Studios label has been that of Insomniac Games, which was purchased in 2019. The developer is soon set to release Marvel’s Spider-Man: Miles Morales on both PS5 and PS4 next month.


from The Tech Game https://ift.tt/3e8wHac

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