What you need to know about Sony’s purchase of Bungie, the game developer behind “Halo” and “Destiny”
The backstory:
* Microsoft Corporation announced that it would buy Activision Blizzard, Inc. earlier this month for US$95 a share in good ol’ cash, putting the sale at a cool US$68.7 billion.
* This sale should help Microsoft’s Xbox obtain more intellectual property assets for its Xbox Game