Sony has expanded its list of first-party studios with a new acquisition that many felt was a long time coming. Earlier this week, Sony announced that they have purchased the California-based video game studio, Insomniac Games. This is the 14th studio to be added to the Sony Interactive Entertainment umbrella.
Neither of the two companies have disclosed the financial terms of the acquisition. While Insomniac Games has made PlayStation-exclusive games in the past, they have remained independent for 25 years. This deal doesn’t come as a surprise though, since some of Insomniac’s most celebrated games are PlayStation exclusives. SIE Worldwide Studios Chairman Shawn Layden commented on Sony’s joy in acquiring the studio, stating, “We have enjoyed collaborative partnership with the studio for many years, and are thrilled to officially welcome them to the Worldwide Studios family.”
Insomniac Games Founder and CEO Ted Price also commented on the news, stating, “We’ve enjoyed a special relationship with PlayStation practically since our inception. We’re excited to take the next step in our growth alongside our long-time WWS partners. Most of all, we look forward to delivering fresh, new experiences for our fans.”
Insomniac Games was founded in 1994 by Price. The studio was independent until its recent acquisition, and is credited with creating some of the best PlayStation-exclusive games throughout generations, including Ratchet & Clank, Spryo the Dragon (when it was originally released), and Resistance.
Their biggest game outside of Sony’s platform is the 2014 Xbox exclusive, Sunset Overdrive. Their most recent release, Marvel’s Spider-Man, is one of their most successful titles and has sold more than 13.2 million copies worldwide, despite being released only on the PlayStation 4.
This is the first Sony development studio acquisition in some time, with the last being ForwardWorks, a mobile game developer, in 2017. Though with a talented studio such as Insomniac Games, it is one big purchase.
What do you think about Sony acquiring Insomniac Games?