Sony Interactive Entertainment, a San Mateo, CA-based interactive and digital entertainment company, has entered into an agreement with Bellevue, WA-based ProbablyMonsters Inc. to acquire Firewalk Studios, a studio advancing an original AAA multiplayer game for PlayStation5 (PS5) and PC.
The amount of the deal was not disclosed.
With the acquisition, Sony Interactive Entertainment continues to invest in live service games and platform expansion with the addition of AAA multiplayer studio. Firewalk will collaborate alongside development teams, including Bungie and Haven Interactive Studios, to define a new generation of live service experiences for PlayStation gamers.
Led by CEO Harold Ryan, and Tony Hsu, Firewalk Studios is dedicated to creating multiplayer experiences. Led by a team of seasoned developers who believe in the power of multiplayer and want to forge connection through immersive gameplay, artistry, and characters, the company has helped launch some of entertainment properties across games and film that have garnered millions of dedicated fans. Such titles include Call of Duty, Destiny, Apex Legends, Halo and others.
With nearly 150 employees and growing, Firewalk’s day-to-day operations post-acquisition will continue to be run by the studio’s management team in collaboration with PlayStation Studios External Development team.
Led by CEO Jim Ryan, President and CEO, Sony Interactive Entertainment is responsible for the PlayStation brand and family of products and services. The PlayStation family of products and services include PlayStation®5, PlayStation®4, PlayStation®VR2, PlayStation®VR, PlayStation™Store, PlayStation®Plus, and software titles from PlayStation Studios. It is a wholly owned subsidiary of Sony Group Corporation and has global functions in California, London and Tokyo.
FinSMEs
21/04/2023