Sony Interactive snaps up 'Spider-Man' developer Insomniac Games

The game studio will now be a Playstation exclusive.

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Sony Interactive took to Twitter on Monday afternoon, announcing that it had acquired Insomniac Games, the studio behind last year's PS4 smash-hit Spider-Man.

Insomniac has been in business for more than two decades and has collaborated with Sony from its start, releasing Spyro in 1998 and following up with the likes of Ratchet & Clank and Sunset Overdrive. "Our studio vision is to create experiences that have a positive and lasting impact on people's lives," Insomniac CEO Ted Price wrote in a blog post Monday. "As we look ahead to our future, we know that joining the WWS family gives us the best opportunities to fully achieve that vision on a much larger scale."

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