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The Marvel Spider-Man signage is visible on the PlayStation stand of Sony Corp. at the E3 Electronic Entertainment Expo in Los Angeles, California, United States, on Tuesday, June 12, 2018.
Troy Harvey | Bloomberg | Getty Images
Sony's gaming division announced Monday the acquisition of US video game developer Insomniac Games.
The acquisition follows a 20-year relationship between the two companies on a multitude of popular games exclusive to the Sony PlayStation, including "Spider-Man", "Rachet & Clank" and "Resistance".
Sony Interactive Entertainment (SIE) announced that the company would be managed by SIE's current management and video game development division in San Mateo, California, once the deal is completed. Financial terms have not been revealed.
"We have been working closely with the studio for many years and are excited to officially welcome them to the Worldwide Studios family," Shawn Layden, president of SIE Worldwide Studios (WWS), said in a statement on Monday.
"The addition of Insomniac Games to EIS WWS reaffirms our commitment to developing world-class gaming experiences that can only be found on the PlayStation platform."
This agreement could be important for Sony, the gaming giant seeking to build on its success with exclusive titles on the Xbox console of its rival, and the fact that the PlayStation 4 is nearing the end of its cycle of life.
Many are speculating on what Sony will bring with its next-generation console. Mark Cerny, the main developer of the PS4, said that the next PlayStation would not arrive in stores this year, but players can expect it to come with much better graphics and sounds.
Microsoft revealed its next-generation console, "Project Scarlett," at the E3 game conference held earlier this year. This camera will display up to 120 frames per second, double the average of a TV, and will include a solid state drive to improve performance.
It also happens when gambling space players enter a new battle: the cloud game. Google and Microsoft have publicly announced their intention to launch streaming gaming platforms. Google had announced Stadia in March and Microsoft was unveiling Project xCloud at E3.
Sony has its own game subscription service, PlayStation Now, which announced the creation of a partnership with Microsoft earlier this year that would allow both partners to work together on the streaming of games and content. .
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