Sony plans to acquire a mobile game developer as part of its push beyond consoles

Sony Group Corp announced on Monday that it will acquire Helsinki and Berlin-based mobile games company Savage Game Studios for an undisclosed sum as part of the Japanese conglomerate's major push beyond console gaming.

Sony Group Corp announced on Monday that it will acquire Helsinki and Berlin-based mobile games company Savage Game Studios for an undisclosed sum as part of the Japanese conglomerate's major push beyond console gaming.

In May, Sony's gaming chief Jim Ryan outlined plans to significantly expand the company's game portfolio beyond the PlayStation 5 console, as well as the group's focus on single-player games with more releases on PC and mobile.

Savage Game Studios, which was founded two years ago and is currently working on a live-service action title for mobile, will become part of PlayStation Studios' new mobile division, according to a statement from Sony.

By expanding on other platforms, the entertainment conglomerate hopes to tap into more consumer spending on gaming while also defending against technological shifts that are loosening ties to bulky hardware.

"PlayStation Studios must continue to expand and diversify our offering beyond the console, bringing incredible new games to more people than ever before," said PlayStation Studios head Hermen Hulst.

Sony is struggling to meet the demand for PS5 consoles due to supply chain issues, and last week announced a price increase in many markets due to pressure from a strengthening dollar.