Sony Raises Budget For Acquisitions To $13 Billion

Preparing For More Acquisitions!

Both Sony and Microsoft have recently made major acquisitions like Bungie and ZeniMax Media. This allows the companies to expand their first-party studios with new talent and staff.

Sony has also made acquisitions like Crunchyroll outside of the gaming industry to grow its business. Not too long ago, it was reported that Sony had $5 billion for acquisitions. However, the latest information suggests that Sony has increased this budget and will soon have $13 billion for acquisitions and mergers.

Why it matters: Acquisitions have become a popular trend in the gaming industry. Sony’s latest endeavors mean that the gaming giant is not looking to be left behind by rivals like Microsoft.

sony playstation
Source: Sony


As reported by Financial Times, Sony is gathering an additional $8 billion for mergers and acquisitions. Adding the previous $5.1 billion figure makes up for a total of $13.1 billion.

However, it should be noted that all of the $13.1 billion will not be allocated to PlayStation, Sony’s gaming division. Still, given the success and profitability of the gaming industry, Sony has likely kept a significant portion of this amount for gaming endeavors.

According to rumors, a merger with Square Enix seems likely. Both companies continue to collaborate on various big AAA releases to this day and have been on excellent terms for many years.

Square Enix has a net worth of around $6.02 billion, which would be an affordable price for Sony. The gaming giant also owns 14% of a company like FromSotware, so seeing further growth in such investments would not be surprising.

Sony recently acquired Firewalk Studios last month. Therefore, it is clear that the company is not done investing in the gaming business.

However, the more significant funds could mean that the company is looking for investments on a larger scale to potentially compete against Microsoft’s ongoing purchase of Activision Blizzard.

Was our article helpful? 👨‍💻

Thank you! Please share your positive feedback. 🔋

How could we improve this post? Please Help us. 😔

Malik Usman
Malik Usman
Malik Usman is student of Computer Science focused on using his knowledge to produce detailed and informative articles covering the latest findings from the tech industry. His expertise allows him to cover subjects like processors, graphics cards, and more. In addition to the latest hardware, Malik can be found writing about the gaming industry from time to time. He is fond of games like God of War, and his work has been mentioned on websites like Whatculture, VG247, IGN, and Eurogamer.

Latest News


Please enter your comment!
Please enter your name here

Follow Us



Marvel’s Avengers Officially Removed From All Digital Stores

Marvel's Avengers is no longer available to purchase digitally after being released on the market three years ago.

Starfield Fans Believe The RPG Feels Dated Compared To Cyberpunk 2077

Following the release of Phantom Liberty, Starfield is being compared to Cyberpunk 2077, as both games fall in the RPG genre.

PS5 Sold Over 2 Million Units In Japan This Year

The PS5 has sold over 2 million units in Japan this year, marking the first time a PlayStation home console has found such success since PS2.

Horizon Forbidden West Coming To PC In 2024

Following last month's leak, PlayStation has confirmed Horizon Forbidden West will be the next port to join the PC platform.

Apple Won’t Reduce iPhone 15 Performance To Fix Overheating

Apple is expected to issue fixes for the overheating issues in the new iPhone 15 models, but it has confirmed performance will stay the same.