Sony isn’t sleeping on this deal—the media company’s Interactive Entertainment (SIE) segment has acquired Insomniac Games in its entirety. The game developer, and long-time partner of SIE, created 2018′s Marvel’s Spider-Man game, Spyro the Dragon (pictured) and the Ratchet & Clank franchise.
Once the acquisition is completed, Insomniac will be the 14th studio to join the global development operation of SIE Worldwide Studios, which produces games exclusively for PlayStation. The Spider-Man game was released to promote Sony Animation’s Spider-Man: Into the Spider-Verse, which came out in December and has grossed US$375 million worldwide (more than any other Sony Animation title). The game itself has sold more than 13.2 million copies worldwide since its release in July.
Insomniac has offices in both Burbank, California, and Durham, North Carolina. The day-to-day operations of Insomniac will continue to be run by the current management team, in conjunction with SIE WWS from its San Mateo Studio.
Completion of the acquisition is subject to regulatory approvals and certain closing conditions.