Sony Interactive Entertainment To Acquire Mobile Gaming Developer Savage Game Studios

Sony Group Corp on Monday said it will acquire Helsinki and Berlin-based mobile games business Savage Game Studios as part of a major push by the Japanese conglomerate beyond console gaming for an undisclosed amount.

Head of gaming at Sony, Jim Ryan in May laid out plans for drastically expanding the company's game portfolio beyond the PlayStation 5 console and its emphasis on single-player games by releasing additional titles on PC and mobile.

A new mobile subsidiary of PlayStation Studios will include Savage Game Studios, which was founded two years ago and is developing a live-service action game for mobile devices, Sony announced in a statement.

The entertainment conglomerate hopes to tap into more consumer spending on gaming by expanding on other platforms while also defending against technological shifts that are loosening ties to bulky hardware.

Head of PlayStation Studios, Hermen Hulst, said: “PlayStation Studios must continue to expand and diversify our offering beyond the console, bringing incredible new games to more people than ever before.”

Sony is struggling to produce enough PS5 consoles to meet demand amid supply chain snarls and last week announced a price hike in many markets due to pressure from a strengthening dollar.