Sony Hiring Corporate Development Director To Find ‘Growth Opportunities Through Acquisitions’

It seems that Sony continues to look to strengthen its first-party families, even though 2022 is still a year for acquisitions. Square Enix has sold Embracer Group three western development studios to Square Enix.

That’s because the company is now hiring for a Corporate Development Director, “responsible for identifying inorganic growth opportunities through acquisitions,” and more, as discovered by Roberto Serrano’ on TwitterReport by Video Games Chronicle. It’s not surprising that Sony is looking to hire somebody like this, especially when you look at the current video game landscape – it feels like every other week, a major acquisition is announced. 

“Sony Interactive Entertainment seeks a highly qualified Director, Corporate Development,” Sony’s job listing reads. “SIE’s Corporate Development Team works closely with SIE’s management team and is responsible for identifying inorganic growth opportunities through acquisitions, investments, or joint ventures. The team sources, evaluates, and completes transactions that are aligned with SIE’s strategic priorities and drive significant long-term value for the company.”

In the listing it states that Sony is seeking someone to lead proactive deal sourcing. This includes developing relationships and partnerships with internal and external partners. 

News that Sony is looking for what is essentially an acquisitions director is not surprising – acquisitions have largely defined gaming in 2022 thus far. Take-Two Interactive was the parent company of Grand Theft Auto and announced in January it would be buying mobile firm Zynga. Then, the following week, Microsoft announced it was acquiring Activision Blizzard, the company behind Overwatch and Call of Duty, for a colossal $68.7 billion. Two weeks after that, Sony revealed it was buying Bungie for $3.6 billion and later announced it had acquired Jade Raymond’s new studio, Haven Studios. 

[Source: Video Games Chronicle]