Tuesday, May 3, 2022

Sony is looking for a specialist to help with future acquisitions

Sony is looking for a specialist to help with future acquisitions

Sony is also involved in the corporate arms race and is taking over major independent studios.
It seems that in the near future the pace is not going to slow down: the company is looking for a specialist who will help acquire even more teams.In the U.S.
division of Sony Interactive Entertainment there is a vacancy for a director of corporate development.
He will be looking for opportunities for \"inorganic growth through acquisitions, investments or joint ventures\" and will provide long-term value to the company.
That is, simply put, will deal with the purchase of third-party studios or something similar.Specialist will become a \"thought leader\" Sony and will get a chance to influence \"the evolution of the fast-growing video game sector.
The requirements for candidates are serious: for example, more than 12 years of experience in corporate development and investment banking, as well as a strong connection with the sphere of video games.Journalist Jeff Grubb (Jeff Grubb) says that Sony may be interested in acquiring Square Enix.
Perhaps Square Enix has something of a cunning business plan: they specifically sold part of their business to Embracer Group in order to make the remaining assets look more attractive for a takeover.Probably also related to this new statements Square Enix: the company said that the deal with Embracer will focus on blockchain, AI and cloud technology.
According to Grubb, such statements are just flirting with potential buyers and an attempt to form a more favorable negotiating position.
However, all of this (including Sony's interest in Square Enix) remains a rumor, emphasizes Grubb.

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