This comes as the PlayStation 5 maker competes for talent with deep-pocketed rivals and as industry dealmaking heats up.
Other investments include the purchase of a minority stake in Japanese developer FromSoftware, whose action role playing game"Elden Ring" has sold more than 16.6 million units. Hulst, who is based in the Netherlands and took up his post in 2019, has overseen the growth of PlayStation Studios to 19 studios, with additions including Nixxes, which ports console games to PC, and mobile developer Savage Game Studios.
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