PlayStation is Still Planning for More Acquisitions in the Future

PlayStation is Still Planning for More Acquisitions in the Future

Moving into the PS5 era, PlayStation head Jim Ryan says the business still has a desire to grow its first-party presence where it makes sense to do so.

With the PS5 already flying off of the proverbial shelf, it doesn’t sound as though Sony will be resting on its laurels when it comes to growing in the upcoming generation.

In a new conversation with Reuters, PlayStation President Jim Ryan said that the company is still looking to grow over time in the form of various mergers or acquisitions. Ryan specified that it would be looking to grow in an organic manner “where we can bolster our in-house capability with selective M&A that might be possible.”

In recent years, Sony has continued to express that it has a desire to grow through acquisitions, but it hasn’t made as many moves compared the company’s closest competitor in Microsoft. The newest studio to join Sony’s larger PlayStation Studios label has been that of Insomniac Games, which was purchased in 2019. The developer is soon set to release Marvel’s Spider-Man: Miles Morales on both PS5 and PS4 next month.

It remains to be seen what the future will hold for Sony, but statements in recent months make it sound as though the PlayStation brand will continue to be aggressive in the coming years. Despite having so much success in the PS4 era, Sony would likely be wise to continue to grow its first-party studio presence. Even if that means establishing new internal studios rather than outright purchasing those that currently exist, it seems likely that PlayStation will be changing quite in the near term.

As for the PS5, the next-gen console is due out next month in the United States and select other regions on November 12, with the rest of the world to follow the week after on November 19.