Console Wars: Competition rises as Sony's PlayStation buys Xbox developer - Bungie For $3.6 Billion

Microsoft initially bought game developers, Bungie before selling it off in 2007 while retaining intellectual property rights to the Halo franchise.

PlayStation have acquired Bungie, an original game developer of Xbox

Japanese video gaming giants, Sony is not holding back in its competition with Microsoft by buying the video game studio behind some of Xbox's hit games including: Halo and Destiny.

Sony Interactive Entertainment said Monday it would spend $3.6 billion to buy Bungie Inc, an independent game publisher based in Bellevue, Washington.

Bungie makes the popular game franchise Destiny and was the original developer of Xbox-owned Halo.

Microsoft previously bought Bungie in 2000, but later spun off the game studio in 2007 while retaining intellectual property rights to the Halo franchise.

Sony is one of the world's biggest video game companies known for PlayStation, but Microsoft has been ramping up its gaming ambitions as well, most recently by announcing plans to buy high-profile game publisher Activision Blizzard for a staggering $68.7 billion. Acquiring the ownership of titles like Call of Duty and Candy Crush would immediately put Microsoft ahead of Nintendo as the third-biggest gaming company in global sales, behind Japan's Sony and Chinese tech giant Tencent.

Xbox's top executive, Phil Spencer, told news site Axios last year that the company had learned a lot since letting go of Bungie.

Bungie started in Chicago in 1991 and made its early hits, such as Myth and Marathon, for personal computers while Sony's video game division is centered in San Mateo, California in U.S.A.

More from category

Recommended articles

Zaidu Sanusi wins domestic double with Porto

Zaidu Sanusi wins domestic double with Porto

Chukwueze,  Villarreal book UECL ticket with first win over Barcelona at Camp Nou

Chukwueze, Villarreal book UECL ticket with first win over Barcelona at Camp Nou

Villarreal humble Barcelona in final game of the season

Villarreal humble Barcelona in final game of the season

Liverpool narrowly fall short of title hopes

Liverpool narrowly fall short of title hopes

Zlatan Ibrahimovic reveals the role late Mino Raiola played in AC Milan's title win

Zlatan Ibrahimovic reveals the role late Mino Raiola played in AC Milan's title win

Super Sub Gundogan wins leads Manchester City to Premier League glory

Super Sub Gundogan wins leads Manchester City to Premier League glory