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Home Technology

Sony raises stake in FromSoftware's parent company Kadokawa to 10%, but no takeover plans for now

December 20, 2024
in Technology
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Sony raises stake in FromSoftware's parent company Kadokawa to 10%, but no takeover plans for now
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What simply occurred? The prospect of future FromSoftware video games turning into PlayStation exclusives began trying extra possible yesterday when Sony elevated its stake within the studio’s father or mother firm to 10%. Sony paid $300 million for the brand new shares of Kadokawa, and whereas it’s now the corporate’s largest shareholder, it does not personal it outright – there have been rumors that Sony was planning an acquisition.

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Tags: companyFromSoftware039sKadokawaparentPlansraisesSonystaketakeover
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