Sony Acquires Firewalk Studios to Expand its PlayStation Portfolio

Sony Interactive Leisure LLC (SIE) has announced its acquisition of Firewalk Studios from ProbablyMonsters Inc. The deal will see Firewalk Studios, a workforce of industry-leading creatives, engaged on an authentic AAA multiplayer recreation for PlayStation 5 and PC. The Bellevue, Washington-based studio will collaborate with world-class growth groups, together with Bungie and Haven Interactive Studios, to create a brand new technology of stay service experiences for PlayStation avid gamers.

Firewalk Studios was established in 2018 as part of ProbablyMonsters, an impartial AAA recreation firm based by CEO Harold Ryan, who previously held positions as CEO, President, and Chairman at Bungie. The corporate focuses on constructing sustainable recreation groups that develop authentic AAA titles. Firewalk’s workforce consists of top-tier builders led by {industry} veterans Tony Hsu, former GM and SVP of Future at Activision, and Ryan Ellis, beforehand Artistic Director at Bungie.

In April 2021, ProbablyMonsters and Firewalk introduced an unique publishing partnership with SIE, and with this acquisition, Firewalk will turn out to be the twentieth studio to affix PlayStation Studios. Jim Ryan, President & CEO of Sony Interactive Leisure, expressed confidence in Firewalk Studios’ skill to create distinctive multiplayer video games, believing their upcoming mission will probably be a robust addition to PlayStation Studios’ portfolio.

Hermen Hulst, Head of PlayStation Studios, shared pleasure concerning the expanded collaboration with Firewalk Studios, praising the workforce’s modern method to linked storytelling and dedication to high-quality gameplay. Tony Hsu, Studio Head of Firewalk Studios, additionally expressed enthusiasm for the partnership, acknowledging SIE’s assist in serving to the workforce rework their imaginative and prescient into actuality.

Harold Ryan, CEO and President of ProbablyMonsters, conveyed pleasure within the Firewalk workforce and the sport they’d incubated through the years. He known as the acquisition a “sensible transfer” for the workforce, the sport, and future gamers, emphasizing that ProbablyMonsters goals to search out the most effective path to marketplace for all their video games.

Firewalk Studios will proceed its day-to-day operations post-acquisition underneath the management of the studio’s administration workforce, working carefully with the PlayStation Studios Exterior Growth workforce. The phrases of the transaction, together with the acquisition price, stay undisclosed as a consequence of contractual commitments.