PlayStation Job Listing Mentions 'Inorganic Growth Opportunities Through Acquisitions' - News
by William D'Angelo , posted on 02 November 2021 / 3,120 Views
Sony Interactive Entertainment has been busy in 2021 with the acquisition of five studios. This includes Demon's Souls remake developer Bluepoint Games, Returnal developer Housemarque, The Playroom developer Firesprite, Fabrik, who will be integrated into Firesprite, and Nixxes, who is known for porting games to PC.
A job listing for an Associate at Corporate Development at Sony Interactive Entertainment makes mention PlayStation is not done acquiring studios and is looking for opportunities in "inorganic growth."
"[Sony Interactive Entertainment]'s Corporate Development Team works closely with [Sony Interactive Entertainment]'s management team and is responsible for identifying inorganic growth opportunities through acquisitions, investments or joint ventures," reads the description to the job listing.
"The team sources, evaluates and performs transactions that are aligned with [Sony Interactive Entertainment]’s strategic priorities and drive significant long-term value for the company."
Qualifications listed include "experience evaluating inorganic growth opportunities, including identifying key strategic themes and building financial models and presentations."
Sony looking to continue to grow its first-party PlayStation lineup of studios is not a surprise with all the acquisitions already taking place this year alone.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at wdangelo@vgchartz.com or on Twitter @TrunksWD.
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Nothing new since Sony have said they aren`t done with acquisitions.
Yes. You can tell we're in a slow part of the gaming news cycle when we get continuous stories about how these companies might acquire other companies. How many more times does it need to be said? Everyone understands that we're in a period of consolidation in the gaming business.
Looking forward to seeing what the excuses and spin this will bring from certain individuals here.
I imagine the defense will be an interpretation something along the lines of Sony means not by hiring directly, but rather buying studios that Sony has partnered with previously, therefore still being considered a "natural acquisition" and isn't technically "inorganic growth" lol.
Perhaps everyone will finally realize that corporations gonna corporate.
To be fair though, the Zenimax acquisition from Xbox was a huge blow considering they released games on rival platforms. Big games at that. No one batted an eye about Playground Games, Undead and the such because they were already making exclusive games for Xbox. Just like Housemarque and Bluepoint was a shoe in for Playstation.
Now if PlayStation acquired Capcom, Square, etc.... THEN it would warrant comments like yours. Still, you have a point about corporations are in it to win it. Basically money, money, money!
agreed!
There are no rules in the corporate world. A buisness for sale is a buisness for sale. Thats how it is and always will be.
Every business is for sale. Always.
No they aren't all for sale.
Yes. All businesses are always for sale. That's business 101. Maybe we can exclude some very small family businesses from this, but even that's a stretch.
Whether they're available at a price that others want to pay is a different story. But, every company has a price. They exist to make money, and can always be purchased if the offer is attractive enough.
No company has to sell if they don't want to be brought. Companies will be offered, however they have to give the consent. These video game Companies/Publishers are not corporate take overs. They were up for sale or were offered a deal and gave consent.
A good example was when MS wanted to buy Nintendo decades ago, and Nintendo said no.
Yes, technically nobody can force a sale unless a company is publicly traded. But, basic business theory tells us that all companies can be purchased if the buyer makes an appropriate offer.
In the case of Nintendo, MS absolutely could have bought them. MS just didnt make an offer that Nintendo wanted to take. In fact, in the case of a public company, a hostile takeover is always possible as well (subject to some legal restrictions in some countries).
I dont think Nintendo would have accepted any offer from MS, no matter the cost. They made it clear they didn't want to be brought. Hostile takeovers arent exactly common and requires alot of work.
You can't fault people for stating facts. If these facts change due to future actions from Sony that is another matter altogether.
Would open up a new stream of revenue via dildo merch.....
I thought the Move controller filled that space.
Time for a reboot.
Cool with me as long as they don't buy any major 3rd party publishers/developers who have a thriving audience on other systems.
Maybe I am in the minority but I don't think any acquisitions or exclusives are bad. As a PlayStation gamer I tip my hat to MS for their Bethesda move, and it was a good thing for them. I like what Sony has done as well and if they get even more aggressive I would also like that. I think it is all fair play and there will be plenty of competition regardless.
Oh, it's annoying as a gamer but bravo to them. It changed the game yet I'm not sure in a good way or not. Sure buying a dev you've worked with before makes sense or even one that specialises in a certain type of development but an entire rival publisher for the price in which you could open 150 new studios with 200 mil budget each?
What I definitely think it has done is for Sony to tighten up with partnerships by buying the devs instead. Boosting their development studios for the future, even if that future isn't in the console market.
or even buy 2 dozen indie devs and make a dump of games on the system.
It may have been good for MS but I think its a slap in the face to many Bethesda fans. I mean the PS4 version of Fallout 4 outsold the Xbox version by more than a factor of 2 and even outsold PC at launch.
I love an acquisition of underfunded talent though i.e Ninja Theory or developers who have a bit of a rocky history but plenty of greatness to offer like Obsidian
