We have already heard from Microsoft and Sony that they have not completed their acquisitions. Microsoft’s recent announcement looking for a specialist to oversee acquisitions, search for them, etc. Set up shopping Sony is now looking for a similar position.
What it’s about will happen Corporate Development Directorwill be based in Sony’s California office and will focus on finding companies that are willing to join PlayStation Studios.
Sony mentions in advertising the definition of opportunities for inorganic growth through acquisitions, investments and mergers. Everything will be on his shoulders, including all the details of such transactions, whether it be a small studio or a large company. For this reason, the applicant must have the required experience in the video game industry.
Sony Interactive Enteractive@Game console) is looking for a Director of Corporate Development who will be responsible for identifying non-organic growth opportunities through acquisitions, investments or joint ventures, attractive M&A and investment opportunities.
> https://t.co/1GA7zkswbC pic.twitter.com/t3lgypADDx
– Roberto Serrano ‘🇺🇦☮️🙏🏻 | 📊🎮🍿 (geronimo_73_) May 2, 2022
Sony, for example, bought Destiny-branded Bungie for $3.6 billion and added studios such as Bluepoint Games, Housemarque Haven and Firesprite. A month ago, CEO Jim Ryan made it clear that he continued to plan for organic expansion of his teams and growth through acquisitions.
Microsoft is chasing big fish and the $68.7 billion purchase of Activision Blizzard will go down in history. He also spent a significant amount of money on ZeniMax Media and Bethesda Softworks, totaling $8.1 billion.
Source :Indian TV
