PlayStation acquisitions continue as Sony seeks to hire a “corporate development director.”

Studio acquisitions have basically reignited the console wars, with big names being bought up by Sony and Microsoft. PlayStation Studios recently acquired God of War co-developer Valkyrie Entertainment, VR-focused Firesprite and more. One of its biggest deals is its $3.6 billion acquisition of Bungie, but Sony doesn’t stop there.

Business Analyst Roberto Serrano discovered a telltale listing at PlayStation Global. Sony Interactive Entertainment is recruiting a Director of Corporate Development. This person will be “responsible for identifying inorganic growth opportunities through acquisitions, investments or joint ventures.” The term “inorganic” can have negative connotations, but in this case it’s simply referring to Sony’s growth from outside companies, rather than from within. Acquisitions are certainly a big part of this: Demon’s Souls remake studio Bluepoint Games and Returnal developer Housemarque have created critically acclaimed PlayStation 5 games and are now under the Sony banner. “Investments” refer to providing funds to other studios, and “joint ventures” are partnerships with other companies. The new director will be in charge of all of this, so expect more studio buyouts in the future.

Of course, Sony is far from the only company taking this approach. As is well known, Xbox will acquire Activision Blizzard in a landmark deal worth nearly $70 billion. Chinese giant Tencent has signed people like Back 4 Blood developer Turtle Rock Studios and many more developers. Former PlayStation boss Jack Tretton also wants to take over game studios. PlayStation acquisitions continue as Sony seeks to hire a “corporate development director.”

Curtis Crabtree

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