Hello everyone, today Xiaobian has come to share the latest information with you. According to reports, Sony Group issued a statement saying that it will acquire Haven Entertainment Studios, a video game development studio led by industry veteran Raymond, which will also be Sony's first acquisition in Canada, and the specific terms of the transaction have not been disclosed in the statement.
Haven was founded a year ago with initial funding from Sony Entertainment, which now has 60 employees and is headquartered in Montreal, Canada, according to public information.
Raymond has previously founded Ubisoft Entertainment and Motive Studios and is one of the main creators behind the Assassin's Creed series of games.
Haven Studios is already working on a project for Sony's PlayStation, the studio's first PlayStation game.
It is worth noting that the entire video game industry has been experiencing a wave of consolidation this year. In January, Sony acquired developer Bungie, the U.S. video game developer behind the popular Destiny and Halo series of games, for $3.6 billion.
Microsoft is in the process of acquiring Activision Blizzard for $69 billion, the largest acquisition Microsoft has ever made.
Well, that's all for this issue, see you in the next issue.