Sony acquires Valkyrie Entertainment to join PlayStation Studios

PlayStation Studios has added US-based developer Valkyrie Entertainment to its growing list of in-house studios. Head of PlayStation Studios Hermen Hulst announced the news in a Tweet, revealing the developer “will make an invaluable contribution to the major PlayStation Studios franchises“.

Valkyrie Entertainment has been supporting Sony Interactive Entertainment and their PlayStation Studios for quite some time now. They Helped Sucker Punch Productions Before infamous 2, Eat Sleep Play with turned metal, and Santa Monica Studio with god of war. They are currently helping the latter with the development of God of War Ragnarok. However, they have not always been a support studio; they developed their own PlayStation-exclusive title Arms up! which was released in 2015.

Other studios have also benefited from their help. They’ve been working on the current PlayStation Plus offering The Walking Dead: Saints & Sinners, like Valorant, Halo Infinite, Forza Motorsport 7, League of Legends, Legends of Runeterra, ARK Extinction, Middle-Earth Shadow of War, and State of decay 2. They are working on the coming Vampire The Masquerade: Bloodlines 2 at.

Sony has been spending quite a bit of money lately. Valkyrie Entertainment is the fourth studio to join PlayStation Studios this year, following Housemarque in June, Nixxes Software in July and Firesprite and Bluepoint Games in September. Firesprite subsequently acquired Fabrik Games to “strengthen SIE’s catalog of exclusive games”. Earlier this year, there were more than 25 PS5 games in active development between the various PlayStation Studios, nearly half of them new IP. Some of them, like Ratchet and Clank: Rift apart, have since been released, but there are still quite a few games yet to be announced.

Not only does Sony plan to bolster their console output, the most recent studio acquisitions will also help them “deploy games to PC and mobile devices.” According to Hiroki Totoki, Sony’s chief financial officer, “they plan to continue to invest aggressively in our development capability going forward.” Sony has denied being in an arms race with other companies like Microsoft to acquire companies, but considering the latest studio acquisition before this year, Insomniac Games in August 2019, five studios in one financial year is quite a bold one. move.