PlayStation seems to be hiring for a new role dedicated to looking at acquisition and investments into other companies in the gaming industry.
Business analyst Robert Serrano spotted the new job listing for “Director of Corporate Development” which states the successful candidate will be responsible for “identifying inorganic growth opportunities through acquisitions, investments or joint ventures”.
“Sony Interactive Entertainment (PlayStation) seeks a highly qualified Director, Corporate Development. SIE’s Corporate Development Team works closely with SIE’s management team and is responsible for identifying inorganic growth opportunities through acquisitions, investments or joint ventures. The team sources, evaluates and completes transactions that are aligned with SIE’s strategic priorities and drive significant long-term value for the company.”
It seems that PlayStation is following Microsoft’s acquisition strategy, looking to either fully acquire development studios under the PlayStation banner or work alongside developers for the PlayStation brand.
The ad states that the successful applicant must also have a “proven track record of leading all parts of the end-to-end M&A process for both large and small transactions, including acquisitions, joint ventures and investments”.
Xbox also recently listed an application for an acquisitions manager where the candidate would be required to “support strategic decisions with quantitative and qualitative rigor”, identifying ‘key consumer / technology / business’ trends and ‘developing and evaluating the business case for content & technology acquisitions (M&A)”.
“We are looking for a talented and motivated analyst, with strong analytical and financial skills, to help lead highly visible and impactful projects in partnership with the Gaming Leadership Team. A typical candidate has experience in financial services (investment banking, private equity, etc.), management consulting, corporate finance, or the equivalent.
A successful candidate can frame, research, and analyze complex datasets, identify unique insights, partner successfully with executives, collaborate and communicate effectively with a diverse set of internal partners, and bring fresh perspective and enthusiasm.”
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Source: Roberto Serrano