Sony has announced that the company has signed an agreement for the acquisition of Haven Studios but financial details about the transaction remain unknown.

The development comes after Haven Studios and Sony had been in a partnership for over a year and after the acquisition, Haven will be one of the first for PlayStation Studios.

Haven Studios was founded by Jade Raymond, co-creator of Assassin’s Creed and former head of Stadia Games and Entertainment. This new gaming studio was founded by Raymond in March last year.

Although it was an independent company, it was backed by Sony, and the first project was said to be a new IP for PlayStation. Details about that first game remain undisclosed but Jade Raymond says that the team has “made amazing progress.”

Commenting about the acquisition, Hermen Hulst, head of PlayStation Studios, said: “We began working with Jade and her team in early 2021 when they were on the brink of announcing the formation of Haven Studios. From their first pitch, we were inspired by Haven’s vision for creating a modern multiplayer experience that brings gamers together in positive and meaningful ways. We were confident in their creative and technical expertise to deliver on such an ambitious project and were thrilled to invest in their journey developing a new, original IP for PlayStation.”

The acquisition of Haven Studios also means that Sony now has a team of game developers in Canada. For those who are unaware, Canada is one of the biggest producers of AAA games in the world and most major games companies have a presence in the country.

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