After Xbox, PlayStation Hiring Director For Acquisitions & Boosting Growth
PlayStation is looking for a Director whose job would specifically require focusing on acquisitions, raising speculations about more mergers in the days to come.
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We have witnessed some mind-boggling stuff in the past few weeks in the gaming industry, ranging from the acquisition of Activision to Bungie and much more. Today, Eidos Montreal was acquired by Embracer Group, and now it seems like we are gearing towards more of these.
After Xbox, PlayStation Hiring Director For Acquisitions
A few days ago, Microsoft was looking for a Manager of Gaming Strategy and Development, whose role involved “Developing and evaluating the business case for content & technology acquisitions.” Now, it seems like Sony is looking to expand its portfolio of developers as well. In a new job listing posted on LinkedIn, Sony is looking for a “highly qualified Director” to boost its inorganic growth through acquisitions. Here is an excerpt from the listing.
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.
The foundational work of the team involves developing market insights through strong internal and external relationships to identify attractive M&A and investment opportunities. Opportunities are assessed based on detailed investment criteria and evaluation by internal partners. Members of the team will develop the case (including commonalities) and drive internal alignment on strategic fit and the post-deal plan. The team works collaboratively across all functions and services at SIE.
This is a high profile and exciting role with significant executive exposure. The Director is encouraged to bring significant expertise of the video gaming space, as well as strategic problem-solving and deal/investment experience. The position offers unique opportunities at the convergence of the global media and technology industries, and a chance to influence the evolution of this fast paced sector.
There have been a number of speculations ranging from From Software to Warner Bros. in the past few days, with the latter being stated as more likely by insiders. Warner Bros.’ gaming division includes some fan-favorite IPs such as the Batman games, Suicide Squad, Injustice, Harry Potter, and now Gotham Knights. If Sony actually does end up acquiring Warner Bros. it will turn out to be a major win for Sony. Fans have been eagerly looking forward to what Sony has in store next, and it is not quite clear when we will hear more about it.