Sony Interactive Entertainment (SIE), established in 1993 as Sony Computer Entertainment, is a subsidiary of Sony Group Corporation responsible for the PlayStation brand and its associated products and services. Headquartered in San Mateo, California, SIE has played a pivotal role in shaping the gaming industry with its innovative hardware and software offerings. The company’s flagship product, the PlayStation console series, has achieved significant commercial success, with the original PlayStation becoming the first console to ship over 100 million units worldwide. Over the years, SIE has expanded its portfolio through strategic acquisitions, including the purchase of Bungie in 2022, enhancing its capabilities in live-service gaming. In recent years, SIE has been diversifying its gaming portfolio by releasing first-party titles on PC and exploring mobile gaming markets. In 2023, the company announced a strategic shift towards a community-based engagement model, focusing on live-service gaming and multi-platform releases to adapt to the evolving gaming landscape. This approach aims to foster a more inclusive and expansive gaming community, ensuring SIE’s continued leadership in the industry.
Website: https://www.playstation.com/
Highlights
Sony Interactive Entertainment (SIE) is the world's largest company in the video game industry based on equity investments and revenue.
SIE's flagship product, the PlayStation console series, has sold over 100 million units worldwide, making it a globally recognized brand.
In 2022, SIE expanded its portfolio by acquiring Bungie, the creator of the Destiny series, for $3.6 billion.
SIE has been diversifying its gaming portfolio by releasing first-party titles on PC and exploring mobile gaming markets.
In 2023, SIE announced a shift towards a community-based engagement model, focusing on live-service gaming and multi-platform releases.
