Last August, Sony completed the acquisition of Insomniac Games, the father of Marvel’s Spider-Man with the ambition to develop the global game market. To get ready for the launch of PS5 and Xbox Series X, both Sony and Microsoft are very active in the race for copyright game ownership and obviously, having Insomniac Games brings many benefits to Sony. At that time, Sony did not announce the amount of money to buy the game company, but according to predictions, this will certainly be a large number. Now, the value of the deal has been revealed, the amount may surprise many people because … so cheap.
According to Sony’s latest report submitted to the US Securities and Exchange Commission (SEC), the company confirmed that it has acquired developer Insomniac Games for $ 229 million and will mainly be paid in cash. This amount can be adjusted at the end of the financial year (March 31, 2020), increased or decreased depending on the revenue of the game studio.
With the great success of Spiderman, the game studio really has a lot of development potential, as of August 2019, Marvel’s Spider-Man has sold more than 13 million copies. Not only Spider-Man, the company is also responsible for hit series like Resistance and Ratchet & Clank. So, most fans are extremely surprised that Sony was able to buy back Insomniac Games for such a small amount of money. Many people think that game developers can completely ask for several tens of millions of dollars more.
Moreover, the acquisition of Insomniac Games also means that Sony has the right to own Sunset Overdrive. The first version of this game was released by Microsoft, but the game copyright belongs to Insomniac and thanks to this deal, Sony is in control of the future of this game. The company can invest in developing Sunset Overdrive 2 as fans are still expecting or choose to release Sunset Overdrive on PS4 and PS5, both offer many benefits. In addition, Sony also has the right to use Insomniac games to add to the streaming service PlayStation Now his. This way, it probably won’t take long for Sony to collect its $229 million.
In the context of Microsoft continuously acquiring a series of game developers such as Double Fine, Inxile, Obsidian, Playground Games, Compuls Games and Ninja Theory in just a short time, if Sony wants to compete, it also needs to create its own highlight. for myself. With a lot of development potential, Insomniac Games can be one of Sony’s powerful cards.
Source link: Revealing the amount of money Sony paid to acquire the father of the game “Spider-Man” – Amazingly cheap
– Emergenceingames.com