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Sony (SONY, $80.74) set up a dedicated PlayStation mobile gaming unit in a major push to diversify beyond consoles. The Japanese gaming giant launched PlayStation Studios Mobile Division on Monday and said it will run independently of the console business.
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To highlight its mobile gaming intentions, the gaming giant also announced the acquisition of Helsinki- and Berlin-based mobile game developer Savage Game Studios. Savage Game Studios – which is yet to release a game – was founded in 2020 by veteran developers Michail Katkoff, Nadjim Adjir, and Michael McManus, who collectively have decades of experience working at developers
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The move comes after a tough second quarter for Sony’s gaming division, and the company’s downgrading of its full-year profit forecast for the business as the Covid-induced boom — during which people were stuck at home playing video games — begins to fade.