Sony to buy mobile game developer in push beyond consoles

Published On : 08/29/2022

By Sam Nussey

TOKYO (Reuters) – Sony Group Corp on Monday said it will acquire Helsinki and Berlin-based mobile games business Savage Game Studios for an undisclosed amount as part of a major push by the Japanese conglomerate beyond console gaming.

Sony’s gaming chief Jim Ryan in May outlined plans to radically broaden the games portfolio beyond the PlayStation 5 console and the group’s focus on single player games with more releases on PC and mobile.

Savage Game Studios, which was established two years ago and is working on a live service action title for mobile, will become part of a new mobile division of PlayStation Studios, Sony said in a statement.

The entertainment conglomerate hopes to tap into more consumer spending on gaming by expanding on other platforms while also defending against technological shifts that are loosening ties to bulky hardware.

PlayStation Studios must continue to expand and diversify our offering beyond console, bringing incredible new games to more people than ever before,” said Hermen Hulst, head of PlayStation Studios.

Sony is struggling to produce enough PS5 consoles to meet demand amid supply chain snarls and last week announced a price hike in many markets due to pressure from a strengthening dollar.

(Reporting by Sam Nussey; Editing by Susan Fenton)

Uma Rajagopal

Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.