Sony Interactive Entertainment to Acquire Mobile Gaming Developer Savage Game Studios; Terms Not Disclcosed

Sony Interactive Entertainment ("SIE") announced today that it has entered into a definitive agreement to acquire Savage Game Studios, a mobile game development studio with offices in Helsinki and Berlin.

Sony Interactive Entertainment (“SIE”) announced today that it has entered into a definitive agreement to acquire Savage Game Studios, a mobile game development studio with offices in Helsinki and Berlin. This acquisition reaffirms SIE’s commitment to delivering innovative experiences to new players around the world by expanding to additional platforms, and further demonstrates its continued emphasis on fostering the industry’s best creatives.

Savage Game Studios is led by veteran co-founders Michail Katkoff (Rovio, Zynga, Fun Plus, Supercell), Nadjim Adjir (Wargaming, Rovio, Gree), and Michael McManus (Wargaming, Insomniac, Kabam), who collectively bring decades of mobile game development and operating experience. Their team is already at work on an unannounced new AAA mobile live service action game.

Savage Game Studios will join the newly created PlayStation Studios Mobile Division, an independent operation from console development. The PlayStation Studios Mobile team is focused on creating new experiences for players through innovative, on-the-go gaming based on new and existing PlayStation IP that meets PlayStation Studios’ high-quality standards. SIE’s efforts to reach gamers wherever they play – be that mobile, PC, or live service offerings – will continue to complement its existing expertise building unparalleled single-player, narrative-driven AAA console games.

The day-to-day operations post-acquisition will continue to be run by Savage Game Studios’ current management team. Terms of this transaction including the acquisition cost are not disclosed due to contractual commitments.

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