$229 million: That’s how much you need to buy Insomniac Games

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Rather, that’s how much Sony needed

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If you’ve got deep pockets and a fire burning a hole through them, you could buy up one of the most acclaimed video game studios in North America. Let me be clear though: Your pockets need to be very deep.

Sony that details how much it paid for Insomniac Games last year. It took a mostly-cash payment of $229 million for Sony to turn Insomniac into one of its wholly-owned subsidiaries. That deal was announced in August 2019, although this is the first time any financial terms have bᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚeen disclose♛d.

Insomniac had been independent ever since it was founded in 1994. Two years ago, Insomniac had across its two studios. Before the acquisition, Insomniac worked on several PlayStation-exclusive titles like Spyro and Ratchet & Clank series. (However, Sunset Overdrive launched as an Xbox exclusive.) But, it’s seemingly the work on Marvel’s Spider-Man that gave Sony the confidence to wrap-up I🦄nsom✨niac for good.

[SEC via ]


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Brett Makedonski
While you laughing, we're passing, passing away. So y'all go rest y'all souls, 'Cause I know I'ma meet you up at the crossroads. Y'all know y'all forever got love from them Bone Thugs baby...