Bungie Bluntly Denies Rumors Regarding Microsoft Buyout

In a recent GamesBeat podcast, a rumor emerged that Bungie and Microsoft had a talk regarding a possible buyout. However, this fell through because they weren’t able to agree on a price.

A Eurogamer article also happened to strengthen this rumor by saying that it heard these rumors independently. Now, this hearsay was spread enough that Bungie CEO Pete Parsons had to bluntly deny the reports.

Although, we’re not exactly sure which part Parsons is denying – the fact that the discussion fell through, or if there was a buyout discussion between the two companies, to begin with.

However, Bungie made a follow-up statement via a representative:

screenshot-pvplive-net-2020-09-15-13_38_26In case you didn’t know, Bungie was once a part of Microsoft when it acquired the studio all the way back in the year 2000. That was when they made Halo an Xbox exclusive. Fast forward seven years later, Bungie became independent once again, only to sign up with Activision for a publishing deal for their Destiny franchise that was meant to last ten years.

However, things didn’t work out well with that arrangement, and Bungie decided to separate with Activision in 2019.

Later on, Venturebeat’s Jeff Grubb – the one who initially mentioned the rumor – tweeted that his comment wasn’t supposed to mean that an official movement towards a buyout was underway.

Aletheia
Cat and literature-lover. I play RPG games when I have the time.

Follow Us

117FansLike
1FollowersFollow

Microsoft Puts an End to SEGA Acquisition Rumor

Early this Thursday, Microsoft is scheduled to present something as a part of the Tokyo Game Show. The Xbox team has previously already made an...

Crysis Remastered Gets Release Date

For those who use gaming platforms other than the Nintendo Switch, Crysis Remastered will finally be released on the PlayStation 4, PC, and Xbox...