Edition:
India

Sony Interactive Entertainment To Acquire Insomniac Games


Tuesday, 20 Aug 2019 

Aug 19 (Reuters) - Sony Interactive Entertainment::SONY INTERACTIVE ENTERTAINMENT TO ACQUIRE INSOMNIAC GAMES, DEVELOPER OF PLAYSTATION®4 TOP-SELLING MARVEL'S SPIDER-MAN, RATCHET & CLANK.SONY INTERACTIVE ENTERTAINMENT - FINANCIAL TERMS OF DEAL INCLUDING ACQUISITION COST NOT DISCLOSED DUE TO CONTRACTUAL COMMITMENTS.SONY INTERACTIVE ENTERTAINMENT - FINANCIAL TERMS OF INSOMNIAC GAMES DEAL INCLUDING ACQUISITION COST ARE NOT DISCLOSED DUE TO CONTRACTUAL COMMITMENTS.SONY INTERACTIVE ENTERTAINMENT - INSOMNIAC GAMES WILL JOIN GLOBAL DEVELOPMENT OPERATION OF SONY INTERACTIVE ENTERTAINMENT WORLDWIDE STUDIOS.SONY INTERACTIVE ENTERTAINMENT- DAY-TO-DAY OPERATIONS OF INSOMNIAC POST DEAL CLOSE SEEN TO BE RUN BY CURRENT MANAGEMENT TEAM WITH SIE WWS SAN MATEO STUDIO.