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December 14, 2021
Sony Interactive Entertainment has entered into an agreement to acquire Seattle-based videogame developer, Valkyrie Entertainment. Best known for providing content and co-development services for several studios, Valkyrie Entertainment will join PlayStation Studios as the 17th studio and will aid in the development of key PlayStation Studios franchises. The day-to-day operations post-acquisition will continue to be run by Valkyrie Entertainment's current management team. Terms were not disclosed. Valkyrie Entertainment has been providing the video games industry with art production services and co-development since 2002.