Sony Acquires Housemarque Oy Game Developer For Undisclosed Sum

Sony Group Corp’s SONY Sony Interactive Entertainment (SIE) acquired game developer and long-time partner Housemarque Oy.
The financial terms of the transaction remain undisclosed.
Housemarque has developed eight titles exclusive to PlayStation consoles, including Returnal, Nex Machina, and Alienation.
Sony may have also made another significant purchase, Bloomberg reports. A since-deleted tweet from PlayStation’s Japanese Twitter Inc TWTR account included an image showing the acquisition of Austin’s Bluepoint Games that also recently released a PlayStation 5 exclusive.
In recent years Microsoft Corp MSFT has purchased over a dozen video game studios, including ZeniMax Media Inc, in 2020 for $7.5 billion.
Price action: SONY shares traded higher by 1.73% at $100.17 on the last check Tuesday.