Sony to buy 'Destiny' videogame developer Bungie in $3.6 billion deal

The logo of Sony Interactive Entertainment is seen in Tokyo, Japan May 23, 2018. REUTERS/Toru Hanai

(Reuters) -Sony Interactive Entertainment will acquire Bungie Inc, the original creator of the "Halo" videogame and developer of "Destiny", in a deal valued at $3.6 billion, making it the latest in a wave of consolidations sweeping the gaming sector.

Bungie will join Sony's PlayStation family, the U.S. company said in a blog post, as the Japanese conglomerate strengthens its network of in-house gaming studios behind hits such as "Spider-Man" to take on cash-rich rivals.