August 20, 2019
Sony Interactive Entertainment has entered into an agreement to acquire Insomniac Games, a leading game developer and long-time partner of SIE, in its entirety.
Upon completion of the acquisition, Insomniac Games will join the global development operation of Sony Interactive Entertainment Worldwide Studios, the 14th studio to join the SIE WWS family.
Based in Burbank, Calif., and Durham, N.C., Insomniac Games is the award-winning studio behind many top PlayStation franchises, including “Spryo the Dragon,” “Ratchet & Clank” and “Resistance.” Most recently, Insomniac Games, in partnership with SIE and Marvel Games, launched Marvel’s Spider-Man, one of 2018’s top-selling PlayStation 4 games.
Financial terms of the transaction were not disclosed. The day-to-day operations of Insomniac Games after the acquisition are expected to be run by the current management team in conjunction with SIE WWS San Mateo Studio.