"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.