Sony Paid $229 Million For Insomniac Games, Per SEC Filing

That's quite the bargain for Sony Worldwide Studios.

Posted By | On 11th, Feb. 2020

insomniac sony

Last year it was announced that Insomniac Games had been acquired by Sony. The acquisition was not a surprising one, since the two companies have collaborated closely for years, such as on the long running Ratchet and Clank series, or the recent blockbuster Spider-Man. Former Sony Worldwide Studios head Shawn Layden was proud of the buyout, and he should have been, considering the bargain they got. 

Via an SEC filing, it was revealed that Sony paid only $229 million for the developer. While that’s nothing to sneeze at per se (that’s far more money than the vast majority of people will ever see), when you consider the kind of money these entities pull in, you’d expect that number to be significantly more. Sounds like Sony got quite the deal. 

As of now there’s been no word on what Insomniac Games is working on currently, though logic would dictate a sequel to the massively successful Spider-Man is probably pretty high on the list. The PS5 is right around the corner, too, so hopefully we’ll hear something soon. A recent rumour suggested that the studio could be working on a Ratchet and Clank sequel as a PS5 launch title.


Tagged With: , , ,

Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Star Wars Outlaws Will Have Space Stations with Side Quests, Vendors, and More

Star Wars Outlaws Will Have Space Stations with Side Quests, Vendors, and More

While in space, players can also respond to emergency signals from other vessels in combat looking for support...

Star Wars Outlaws’ Spaceflight is “Accessible, Fun, and Action-Packed,” Director Says

Star Wars Outlaws’ Spaceflight is “Accessible, Fun, and Action-Packed,” Director Says

There's "always something to do" in space, with controls that are "extremely easy to get into", according to c...

Telltale Says it “Can’t Give a Big Update Yet” on The Wolf Among Us 2

Telltale Says it “Can’t Give a Big Update Yet” on The Wolf Among Us 2

"We’ve been quiet because we’ve been heads down, focusing on the promise of The Wolf Among Us 2," the deve...

Destiny 2 Fireteam Finder Exits Beta, Voice Chat and Lobby Invites in the Works

Destiny 2 Fireteam Finder Exits Beta, Voice Chat and Lobby Invites in the Works

The in-game LFG tool became available permanently last December for all players and has seen over 60 bug fixes...

Paper Mario: The Thousand-Year Door – Brief New Teaser Reveals Smorg

Paper Mario: The Thousand-Year Door – Brief New Teaser Reveals Smorg

A short, new trailer showcases what the Smorg boss fight will look like in the remake, as well as reworked cut...

Destiny 2: The Final Shape Raid Goes Live on June 7th

Destiny 2: The Final Shape Raid Goes Live on June 7th

Despite the expansion launching on June 4th worldwide, players will have only three days to prep for the raid ...