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!

God of War: Ragnarok Will Reportedly Receive Something to “Give Fans Some Life” – Rumor

God of War: Ragnarok Will Reportedly Receive Something to “Give Fans Some Life” – Rumor

Insider Tom Henderson says Sony and Santa Monica are "right not preparing to announce something," though it ap...

Mario + Rabbids Sparks of Hope – Missions, Weapons, Hero Techniques, Spark Abilities, and More Revealed

Mario + Rabbids Sparks of Hope – Missions, Weapons, Hero Techniques, Spark Abilities, and More Revealed

Travel the galaxy to save the Sparks from Cursa. The turn-based tactical strategy title is out on October 20th...

Monster Hunter Rise: Sunbreak – Espinas and Blood Orange Bishaten Hunts Showcased in New Videos

Monster Hunter Rise: Sunbreak – Espinas and Blood Orange Bishaten Hunts Showcased in New Videos

A returning foe from Monster Hunter Frontier and a new subspecies are showcased along with the Insect Glaive a...

Blizzard Entertainment Acquires Spellbreak Developer Proletariat

Blizzard Entertainment Acquires Spellbreak Developer Proletariat

The Boston-based studio, which consists of 100 employees, will be working on World of Warcraft and its upcomin...

Star Ocean: The Divine Force Launches October 27th, New Gameplay and Details Revealed

Star Ocean: The Divine Force Launches October 27th, New Gameplay and Details Revealed

The action RPG will release worldwide for Xbox Series X/S, Xbox One, PS4, PS5 and PC. Five new characters and ...

Next Need for Speed Will Launch on November 4 – Rumour

Next Need for Speed Will Launch on November 4 – Rumour

The next instalment in the Need for Speed series, reportedly titled Need for Speed: Unbound, will allegedly la...