Sony Interactive Entertainment to acquire Valkyrie Entertainment for undisclosed amount

Written by Miroslav Marinov

Miroslav Marinov, a financial news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market, as currently his focus is set on the major currencies of eight developed nations worldwide.

, | Updated: October 30, 2024

Sony Corp’s (6758) wholly owned gaming unit said last Friday that it would acquire “God of War” developer Valkyrie Entertainment. However, the financial details of the deal were not disclosed.

This will be Sony Interactive Entertainment’s fifth acquisition so far in 2021, after it bought Nixxes Software, “Returnal” developer Housemarque, Bluepoint Games and Firesprite.

After the deal closes, Valkyrie will still be run by its current management team, the companies said.

According to Hermen Hurst, who heads PlayStation Studios, Seattle-based Valkyrie will be making “invaluable contributions” to the gaming division’s franchises.

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