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Sony launched PlayStation Studios Mobile, acquired a gaming company: all the details

Sony launched ‘PlayStation Studios Mobile’ in an effort to introduce more people to the PlayStation platform and gain a strong foothold in the gaming sector.

Sony’s new platform will operate independently of console development and focus on innovative and on-the-go experiences based on the new and existing PlayStation, Sony says in the PlayStation blog post.

Moreover, the German-based video development company, Savage Games Studios, has been acquired by the Japanese tech giant. Meanwhile, Savage Games Studios has not released any game yet. But the co-founders of Savage Games Studios, Michail Katkoff, Nadjim Adjir and Michael McManus have some experience working on popular mobile games like Clash of Clans and Angry Birds. The video game studio is said to be developing a new game that could be a straight mobile action game.

Michael Katkoff, CEO and co-founder of Savage Game Studios, said in a statement: “We believe that PlayStation Studios’ leadership respects our vision of how best to operate and succeed, and also because they’re not afraid to take risks. All that, in addition to being able to potentially benefit from the PlayStation catalog The amazing IPs and the fact that we will benefit from the kind of support that only others can provide,” on why Savage Games Studios has agreed to partner with Japanese tech platform giant Sony.

Meanwhile, Sony Group Corp. is raising the price of the PlayStation 5 game console in all major markets outside the United States by up to 20 percent, the company said.

The Japanese electronics and entertainment company said the price of the PlayStation 5 will increase in select markets across Europe, the Middle East, Africa, Asia Pacific, Latin America and Canada.

The company said on Thursday that the price increase was necessary due to the current global economic environment and inflationary pressures affecting the entertainment sector.

It added that prices in the United States would not be affected. Japanese players will see the biggest price increase, with a jump of nearly 20 percent, taking prices to 60,478 Japanese yen ($442). In Europe, a €50 price increase would push the console’s price up by 10%, to €549.99 ($548).

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