Add-on Acquisition • Digital Media

Sony Interactive Entertainment Acquires Insomniac Games

On August 19, 2019, Sony Interactive Entertainment acquired digital media company Insomniac Games

Acquisition Context
  • This is Sony Interactive Entertainment’s 1st transaction in the Digital Media sector.
  • This is Sony Interactive Entertainment’s 1st transaction in the United States.
  • This is Sony Interactive Entertainment’s 1st transaction in California.

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M&A Deal Summary

Date August 19, 2019
Target Insomniac Games
Sector Digital Media
Buyer(s) Sony Interactive Entertainment
Deal Type Add-on Acquisition

Target Company

Insomniac Games

Burbank, California, United States
Insomniac Games, Inc. is a video game developer. Insomniac developed the PlayStation®4 smash-hit, Marvel's Spider-Man (2018), and creating iconic PlayStation franchises such as Spyro the Dragon (1998), Ratchet & Clank (2002) and Resistance (2005). Insomniac Games, Inc. was founded in 1994 and is based in Burbank, California.
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Buyer Overview 1

Buyer

Sony Interactive Entertainment

Tokyo, California, Japan

Category Company
Founded 1993
Sector Technology Hardware
DESCRIPTION

Sony Interactive Entertainment, Inc. is a provider of PlayStation® brand and family of products and services. The PlayStation family of products and services include PlayStation®4, PlayStation®VR, PlayStation®Vita, PlayStation®3, PlayStation™Store, PlayStation®Plus, PlayStation™Video, PlayStation™Music, PlayStation™Now, PlayStation™Vue and acclaimed PlayStation software titles from SIE Worldwide Studios.


Deal Context for Buyer #
Overall 2 of 11
Sector: Digital Media 1 of 7
Type: Add-on Acquisition 2 of 9
State: California 1 of 1
Country: United States 1 of 5
Year: 2019 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-08 Audiokinetic

Montreal, Quebec, Canada

Audiokinetic, Inc. is a provider of cross-platform audio solutions for the gaming and interactive media industries. Audiokinetic was founded in 2000 and is based in Montreal, Quebec.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-29 Housemarque

Helsinki, Finland

Headquartered in Helsinki, Finland, Housemarque is a game developer working on console and PC. The company prioritizes stratified gameplay mechanics and impeccable audiovisual execution to create euphoric gaming experiences. Housemarque was co-founded in 1995 by Harri Tikkanen and Ilari Kuittinen.

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