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Image: Insomniac Games
Last year, PlayStation fans were overjoyed to hear that Sony Interactive Entertainment would be acquiring Insomniac Games and bringing the acclaimed studio into its first-party family. The companies have had a close-working relationship for some time, so the news wasn’t too surprising – but what wasn’t clear was how much Sony spent on the acquisition.
Thanks to Sony’s latest Quarterly Securities Report, which was published yesterday, we now know how much Insomniac cost: an impressive $229 million, paid in cash, no less.
“The consideration for this acquisition of 24,895 million yen (229 million U.S. dollars) was mainly paid in cash. The amount may be adjusted by the end of fiscal year ending March 31, 2020, based on the final closing...
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