Sony has delivered a blow to the Oculus VR games creation system by acquiring Insomniac Games the games development company currently working on Stormland an exclusive game for the Oculus virtual reality platform. Founded back in 1994 by Ted Price as Xtreme Software, and was renamed Insomniac Games just 12 months later and is well known for its Ratchet & Clank, Resistance, Sunset Overdrive and 2018’s Spider-Man. Financial terms of the acquisition have not been disclosed at the current time.
“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,” said Shawn Layden, chairman of Sony Interactive Entertainment Worldwide Studios, in a news release. ”We have enjoyed a strong collaborative partnership with the studio for many years, and are thrilled to officially welcome them to the Worldwide Studios family. The addition of Insomniac Games to SIE WWS reiterates our commitment to developing world class gaming experiences that can only be found on the PlayStation platform.”
”Joining the WWS family gives Insomniac even greater opportunities to achieve our studio vision of making positive and lasting impressions on people’s lives,” said Ted Price, Insomniac Games founder and CEO. “We’ve enjoyed a special relationship with PlayStation practically since our inception. Our partnership amplifies our potential, and Marvel’s Spider-Man was a testament to this. We’re excited to take the next step in our growth alongside our longtime WWS partners. Most of all, we look forward to delivering fresh, new experiences for our fans.”
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