Sony Interactive Entertainment on Monday announced a deal to buy Insomniac Games, the studio behind hot-selling "Spider-Man" and "Ratchet & Clank" video games. Sony did not disclose financial terms of the acquisition that will add Insomniac to its stable of studios making games exclusively for the Japanese consumer electronics giant's PlayStation consoles.
"Insomniac Games is one of the most highly-acclaimed development studios in the industry and their legacy of best-in class storytelling and gameplay is unparalleled," Sony Interactive Entertainment Worldwide Studios chief Shawn Layden said in a statement. The take-over will need regulatory approval.
California-based Insomniac was founded some 25 years ago and fielded successful video games including "Ratchet & Clank," "Spyro the Dragon," and "Resistance." The studio worked with Sony interactive and Marvel Games on "Spider-Man," which has sold more than 13.2 million copies worldwide, according to Sony.
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