Tokyo, Japan - Sony Interactive Entertainment (SIE) has dropped some big news, and shared their new plans to take over the mobile gaming market.

On Monday, the head of PlayStation Studio Hermen Hulst announced on the PlayStation Blog that they have officially acquired Germany-based company Savage Game Studios.

Hulst described them as "a hugely talented team of creatives with many years of experience making some of the most popular mobile games."

They have recently been putting forth plans to expand into other markets beyond consoles, including the PC and now the mobile gaming market.

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Savage will be "joining a newly created PlayStation Studios Mobile Division, which will operate independently from our console development and focus on innovative, on-the-go experiences based on new and existing PlayStation IP."

SIE has been buying up many big game development studios the past few years, including Bungie, the team behind such titles as Destiny and the very first Halo game.

Hulst also teased that Savage is "already working on a new unannounced AAA mobile live service action game," which he is "so excited" for.

As great as the news may be for Sony, many PlayStation fans are still reeling from the recent PS5 price hike, which the company blamed on inflation.