Sony Interactive Entertainment (SIE), a subsidiary of Sony Group Corporation, has announced the shutdown of Neon Koi and Firewalk Studios, two PlayStation software development studios the entertainment giant acquired in recent years.
In an internal email sent to staff, which was subsequently shared online on Oct. 29, Hermen Hulst, the CEO of SIE’s Studio Business Group, said the closures were made to help bolster the company’s ongoing business strategies.