Sony injects funds into live services software company

sony love live service games. We have yet to see the fruits of his labor, but apparently he has Ten Fortnite-esque online multiplayer games are in the works – and it just spent billions to buy Bungie and invest in Epic Games. Now the platform holder has once again put his hand in his pocket by investing in a software company AccelByte.

You probably won’t have heard of this company unless you’re a game developer, but essentially the startup is responsible for creating backend tools that can help power live service games, including likes of Payday 2. It provides features like analytics, in-game monetization, and more – it’s all about versatility and adapting to the needs of a particular product.

Needless to say, this is a big deal if you’re making games, and it’s probably safe to assume that Sony is using the technology for its upcoming titles. It’s one of three companies – alongside Galaxy Interactive and NetEase – that contributed a $60 million investment in the organization. Obviously, this is a sea change for companies like PlayStation, but it helps reinforce its current focus.

Unsurprisingly, AccelByte founder Junaili Lie previously worked for Epic Games, and his company’s goal is to provide AAA-caliber tools to developers large and small. With the number of live service games exploding, this will likely prove to be a wise investment by Sony, as it’s bound to recoup its money as AccelByte inevitably grows – and it will no doubt have access to his tools to get started.

Veronica J. Snell