In a recently released official website statement, Sony has announced that Sony Computer Entertainment (SCE) has been renamed as Sony Interactive Entertainment (SCE).

Announcing the official change made to the corporate name of SCE, Sony said that the renaming of SCE to SIE is a move "in accordance with the establishment of Sony Interactive Entertainment LLC (SIE)."

According to the statement released by Sony, the renaming of SCE to SIE implies that SCE and its affiliate companies in charge of the Sony's PlayStation businesses in different regions will now have the SIE corporate name.

Going by the details shared by a Sony executive, the setting up of SIE will unfold a new level of power for Sony in the video game arena. The executive also explained that the establishment of SIE underscores Sony's efforts to create a "global interactive entertainment powerhouse."

About the transformation of SCE into SIE, Shawn Layden - the President of SIE - said that the move will enable SIE to "more quickly to meet the needs of the gaming community, innovate with digital services like PlayStation Vue and PlayStation Now, and - above all else - drive consistent and constant innovation in the dynamic medium of videogames."