Microsoft is not the only company in town looking to acquire other gaming companies as Sony is reportedly in talks to acquire Kadokawa, the parent company behind FromSoftware. The news comes from Reuters, who have heard that a deal is in the works from two sources familiar with the matter.

Sony Group Corporation is in talks to acquire fellow Japanese conglomerate Kadokawa, according to media reports that emerged this week. The firm's animation and games properties may underlie the possible M&A activity.

By Anirban Sen and Sam Nussey NEW YORK/TOKYO (Reuters) -Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the "Elden Ring" game, two sources familiar with the matter said, as the technology giant looks to add to its entertainment portfolio.

Sony Group Corp. is in discussions to acquire Japanese content publisher Kadokawa Corp., Reuters reported, citing two unidentified people familiar with the matter.

Sony is allegedly planning to acquire Japanese media company Kadokawa. The company also owns FromSoftware studio, which developed the Elden Ring blockbuster, Armored Core, Bloodborne, and Dark Souls.

Sony is in discussions to acquire Kadokawa, the Japanese media firm behind popular fantasy action game Elden Ring.