Sony to acquire developer Valkyrie Entertainment
Sony’s first-party efforts have grown stronger today with the acquisition of Seattle-based developer Valkyrie Entertainment. Since 2002, Valkyrie has worked on over 100 games, often serving as a co-developer or content creator. In one tweet, Hermen Hulst, head of PlayStation Studios, said Valkyrie “will invaluable contribution to the main PlayStation Studios franchises. “
Valkyrie has worked with Sony several times in the past, helping bring Infamous, God of War and Twisted Metal to market. The developer will once again work with Sony Santa Monica on God of War: Ragnarok.
In a press release issued earlier today, a Sony spokesperson outlined the way forward. “The day-to-day operations following the acquisition will continue to be run by Valkyrie Entertainment’s current management team. The terms of this transaction include undisclosed acquisition costs due to contractual commitments. “
Along with the acquisition, Valkyrie has big reason to celebrate, as it’s one of the studios involved in the creation of Halo Infinite, the amazing sequel we’ve awarded. Reviews of 9.25 out of 10. Other games with a touch of Valkyrie are depicted in the image above.
Sony and Microsoft are in an arms race, jostling developers over the past few years to expand their respective first-party game development efforts.