PlayStation maker Sony announced a US$3.6 billion agreement on Monday to buy US video game studio Bungie, creator of hits like Halo and Destiny , as a gaming industry battle heats up with Microsoft. Sony’s deal comes weeks after Microsoft unveiled a landmark US$69 billion pact to acquire Call of Duty maker Activision Blizzard, which Microsoft says would make it the third-largest gaming company by revenue behind Tencent and Sony.

Sony buys Halo creator Bungie in US$3.6 billion deal as gaming fight heats up comes via ChinaTechNews.com.