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Sony paid $229 million, mainly in cash, to acquire Insomniac Games in November 2019
- Thread starter Kolx
- Start date
Well it seems a good price !
It was over $400m for Respawn to compare
www.pcgamer.com
It was over $400m for Respawn to compare
Electronic Arts buys Respawn for more than $400 million, new Titanfall in the works
Respawn's Star Wars game is still coming, too.
That seems low? I guess cause they don't really own IP and it would just be the building, studio, engines and stuff?
Well it seems a good price !
It was over $400m for Respawn to compare
Electronic Arts buys Respawn for more than $400 million, new Titanfall in the works
Respawn's Star Wars game is still coming, too.
It's not a good price, that's a steal lol
Actually a pretty good deal in my opinion, they have multiple million copy franchises plus the largest exclusive on their current platform and one of the biggest ip in the world
That really is a steal. Compared to the $350m MS paid for Rare in 2002 for example.
But Insomniac owned little of its own IP. FUSE and Sunset Overdrive aside. So little value there which may be why so cheap.
One of my favourite developers and a great move for both parties IMHO.
But Insomniac owned little of its own IP. FUSE and Sunset Overdrive aside. So little value there which may be why so cheap.
One of my favourite developers and a great move for both parties IMHO.
Insomniac doesn't own most of the IP they are known for.
I'm always surprised to hear how cheap some of these studios are. I imagine none of the studios MS acquired came close to the cost of Insomniac
I don't think Sony bought Insomniac because they thought Fuse and Sunset Overdrive were hot IPs. Sony owns their most popular works.
Exactly the GIF I thought of!
Also, that feels like a lot of goodwill. 165 out of 229 mil
EDIT: Checked the Rare transaction. Total cost 389 mil, goodwill 281 mil, intangible assets 75. Compared to Insamniac transaction: total 229 mil, goodwill 165 mil, intangible assets 62 mil
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What IP does Insomniac actually own though?
I always saw Sony buying Insomniac as an aquihire. They wanted the talent, not the franchises.
Damn, that's quite the steal for such a large studio. They'll make that money back in less than 5 years. Wonder why the cost was so low? I could've seen it being that prior to Spider-Man, but after? No way.
Sony would've been stupid not to pull the trigger at that price.
Sony would've been stupid not to pull the trigger at that price.
Interesting, I'm surprised there wasn't someone else out there offering more. Maybe the deal was pretty unknown.
That explains it. I was wondering why they had so much cash on hand.
There might have been but Insomniac and Sony have been together since the very beginning. I imagine that is also a factor.
