Xbox and PlayStation have been trading blows lately when it comes to big gaming acquisitions. Xbox previously acquired both ZeniMax/Bethesda and Activision Blizzard, while Sony recently announced their acquisition of Bungie. However, The Game Awards creator Geoff Keighley has stated that more are in the late stages of negotiations.
Speaking on Twitter yesterday, Keighley confirmed that a few more big gaming acquisitions are already in the final stages of negotiations, and could be announced throughout the year. The discourse surrounding industry consolidation and multi-billion dollar acquisitions is about to become a lot more interesting.
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Keighley’s full tweet reads:
“Have heard from multiple people: As you might suspect, there are a few other big video game deals in final stages of negotiations. It’s going to be an interesting year!”
As for what’s next on the acquisition list is anyone’s guess. Most industry professionals didn’t bet on Xbox buying Activision Blizzard or Sony acquiring Bungie, so we’ll be in for a few more surprises.
Among the discussions about who could be next, several Japanese companies are on the list, including Konami, Capcom, Square Enix and From Software. However, we believe PlayStation will likely strike timed or separate exclusivity deals with these studios just as they have been with Capcom’s Street Fighter franchise or Square Enix’s newer Final Fantasy games, among others.
PlayStation CEO Jim Ryan recently stated that they weren’t done with gaming acquisitions, as Xbox continues to sign huge deals that have shaken up the gaming industry. Western companies may be the most likely to be acquired, ranging from Warner Bros. Games to Ubisoft and several smaller studios. We’ll hear more about these developments as the year goes on.
Microsoft’s massive $68.7 billion Activision Blizzard deal is expected to finalize by mid-2023 at the latest.
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Source: Geoff Keighley