{"id":109009,"date":"2020-02-10T21:44:00","date_gmt":"2020-02-10T21:44:00","guid":{"rendered":"http:\/\/www.gamasutra.com\/view\/news\/357906"},"modified":"2020-02-10T21:44:00","modified_gmt":"2020-02-10T21:44:00","slug":"sonys-2019-acquisition-of-insomniac-games-priced-at-229-million","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2020\/02\/10\/sonys-2019-acquisition-of-insomniac-games-priced-at-229-million\/","title":{"rendered":"Sony&#8217;s 2019 acquisition of Insomniac Games priced at $229 million"},"content":{"rendered":"<p><strong>Newsbrief: <\/strong>Sony paid 24.895&nbsp;billion yen, or $229 million, to bring <em>Marvel&#8217;s Spider-Man <\/em>developer Insomniac Games into Sony Interactive Entertainment\u2019s Worldwide Studios group.<\/p>\n<p>The deal was <a href=\"https:\/\/gamasutra.com\/view\/news\/349042\/Sony_announces_its_buying_SpiderMan_developer_Insomniac_Games.php\">first revealed<\/a> back in August 2019, but the actual buying price wasn\u2019t disclosed at the time. An SEC filing detailing Sony\u2019s Q3 results <a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/313838\/000119312520028936\/d819459d6k.htm#tx819459_27c\">published today<\/a>&nbsp;meanwhile shared that $229 million price tag, alongside the deal\u2019s close date of November 15.<\/p>\n<p>The arrangement followed decades of collaboration between the two companies, and a handful of notable exclusive for Sony\u2019s PlayStation brand like <em>Marvel\u2019s Spider-Man<\/em>, <em>Ratchet &amp; Clank<\/em>, and <em>Spyro the Dragon<\/em>. At the time, SIE&#8217;s then-chairman Shawn Layden noted in a press release that the acquisition &#8220;reiterates our commitment to developing world class gaming experiences that can only be found on the PlayStation platform.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Newsbrief: Sony paid 24.895&nbsp;billion yen, or $229 million, to bring Marvel&#8217;s Spider-Man developer Insomniac Games into Sony Interactive Entertainment\u2019s Worldwide Studios group. The deal was first revealed back in August 2019, but the actual buying price wasn\u2019t disclosed at the time. An SEC filing detailing Sony\u2019s Q3 results published today&nbsp;meanwhile shared that $229 million price [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":109010,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-109009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/109009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=109009"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/109009\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media\/109010"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=109009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=109009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=109009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}