PlayStation suggests it will buy more companies

PlayStation has confirmed its intention to continue making more acquisitions following its recent wave of deals, primarily the company’s $ 3.6 billion acquisition of Destiny’s Bungie studio. PlayStation president Jim Ryan said during a recent investor Q&A session, translated by VGC, that Sony hasn’t finished digging into its pockets to buy other companies yet.

“In terms of the future [mergers & acquisitions] activities, the answer is that we’re by no means done with our strategy of trying to grow PlayStation Studios inorganically, “he said.” As we move from our historic game development strategy to a much broader market reach and much wider than what we enjoy today it is very likely that an inorganic stimulus will be needed to help us realize these dreams. “