It is an unexpected truce between Sony, which makes Playstation consoles, and its far larger U.S. rival.
Details have yet to be disclosed, and it's not clear why Sony, which Microsoft earlier offered a 10-year contract, has had a change of heart.
Sony's video-game division reported digital software and content sales of $11 billion in the fiscal year to March.
Yoshida has been selectively snapping up smaller gaming studios to beef up Playstation content, including splashing out $3.6 billion for developer Bungie.
Details were not disclosed, but a Microsoft spokesperson clarified with various media that the deal is for 10 years.
Persons:
it's, Boss Kenchiro Yoshida, Yoshida, Phil Spencer, Una Galani, Thomas Shum
Organizations:
Reuters, Activision Blizzard, Sony, Activision, Microsoft, Nintendo, Nvidia, U.S, UK Competition, Markets Authority, Bungie, Nikkei, Federal Trade, Thomson
Locations:
HONG KONG, U.S