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Sony Buying Game Developer Valkyrie Entertainment

Sony Interactive Entertainment will buy videogame developer Valkyrie Entertainment and incorporate it into PlayStation Studios for creating key PS5 “franchises,” said Sony Friday. Valkyrie is known for creating a diverse mix of gaming titles for various platforms from PCs to…

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consoles, said Sony. Valkyrie’s current management team will continue to run “day-to-day operations post-acquisition,” it said.