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What Happened to Insomniac Games?

Insomniac Games is a highly acclaimed American video game developer, founded in 1994, known for creating iconic PlayStation franchises like Spyro the Dragon, Ratchet & Clank, and Resistance. Following the massive success of Marvel's Spider-Man in 2018, the studio was acquired by Sony Interactive Entertainment in 2019, becoming a key part of PlayStation Studios and focusing on major Marvel titles, with Marvel's Wolverine slated for release in September 2026.

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Quick Answer

Insomniac Games, a prominent video game developer, was acquired by Sony Interactive Entertainment in 2019 after decades of collaboration and the critical success of Marvel's Spider-Man. Since then, it has become a cornerstone of PlayStation Studios, continuing to develop highly anticipated exclusive titles. As of May 2026, the studio is actively preparing for the release of Marvel's Wolverine in September 2026, while also reportedly working on a Venom spin-off and Marvel's Spider-Man 3.

📊Key Facts

Founded
February 28, 1994
Wikipedia
Acquired by Sony Interactive Entertainment
November 15, 2019
Game Developer
Acquisition Price
$229 million
Game Developer, Forbes
Employees (2025)
~450
Wikipedia
Marvel's Spider-Man (2018) Sales
20 million copies, $3.8 billion revenue
TweakTown, Men's Journal

📅Complete Timeline14 events

1
February 28, 1994Major

Founded as Xtreme Software

Ted Price establishes the company, which would later be renamed Insomniac Games.

2
1995Major

Renamed Insomniac Games

The company officially changes its name from Xtreme Software to Insomniac Games.

3
1996Notable

Released Disruptor

Insomniac's first game, a first-person shooter for the PlayStation, is released but struggles commercially.

4
1998Critical

Launched Spyro the Dragon

The release of the successful platformer *Spyro the Dragon* marks a turning point for the studio, establishing its reputation.

5
2002Critical

Debuted Ratchet & Clank

Insomniac launches another highly popular and enduring PlayStation franchise, *Ratchet & Clank*.

6
2014Major

Released Sunset Overdrive

The studio develops *Sunset Overdrive*, an Xbox One exclusive, showcasing its ability to work on multiple platforms.

7
2018Critical

Released Marvel's Spider-Man

The critically acclaimed *Marvel's Spider-Man* becomes a massive commercial success, selling over 20 million copies.

8
November 15, 2019Critical

Acquired by Sony Interactive Entertainment

Sony completes its acquisition of Insomniac Games for $229 million, making it a first-party PlayStation Studio.

9
June 23, 2020Notable

Workplace Harassment Allegations Surface

Former employees make allegations of workplace sexual harassment, prompting a response from Insomniac Games.

10
June 11, 2021Major

Released Ratchet & Clank: Rift Apart

The latest installment in the *Ratchet & Clank* series launches as a PlayStation 5 exclusive, receiving high praise.

11
September 2021Critical

Marvel's Wolverine Announced

Insomniac Games officially announces its next major Marvel project, *Marvel's Wolverine*, for PlayStation 5.

12
October 20, 2023Critical

Released Marvel's Spider-Man 2

The highly anticipated sequel to *Marvel's Spider-Man* is released for PlayStation 5 to critical acclaim.

13
December 2023Major

Ransomware Attack and Data Leak

Insomniac Games suffers a significant ransomware attack, leading to the leak of internal data, including details on future projects.

14
May 22, 2026Critical

State of Play Announcement for Wolverine

PlayStation announces a State of Play event for June 2, 2026, confirming an extended look at *Marvel's Wolverine*, which is set to release on September 15, 2026.

🔍Deep Dive Analysis

Insomniac Games, initially founded as Xtreme Software by Ted Price on February 28, 1994, quickly established itself in the burgeoning video game industry. After a name change to Insomniac Games in 1995, the studio released its first title, Disruptor, in 1996 for the PlayStation, which, despite its quality, did not achieve commercial success and nearly led to the company's bankruptcy.

The studio found its breakthrough with the creation of Spyro the Dragon in 1998, a highly successful platformer that spawned two sequels. This success cemented a strong relationship with Sony Computer Entertainment. Insomniac continued to build its legacy with the critically and commercially successful Ratchet & Clank series, which debuted in 2002, and the Resistance franchise during the PlayStation 3 era.

In the mid-2010s, Insomniac diversified its portfolio, developing Sunset Overdrive for Xbox One in 2014 and venturing into virtual reality games. However, a pivotal moment arrived with the release of Marvel's Spider-Man for PlayStation 4 in 2018. The game was a monumental success, selling over 20 million copies and generating $3.8 billion in revenue, showcasing Insomniac's prowess in open-world, story-driven games.

This long-standing and successful partnership culminated in Sony Interactive Entertainment's acquisition of Insomniac Games in August 2019 for $229 million, with the deal officially closing on November 15, 2019. This made Insomniac the 14th internal studio within SIE Worldwide Studios (now PlayStation Studios), ensuring its focus on PlayStation-exclusive titles. In June 2020, Insomniac faced allegations of workplace sexual harassment, to which the company responded by stating it was aware of the claims and had taken steps to address them, reaffirming its commitment to diversity and inclusion.

In December 2023, Insomniac Games was the target of a significant ransomware attack, which resulted in the leak of sensitive internal documents, including development roadmaps and details about upcoming projects. Despite this setback, the studio has continued its work on highly anticipated Marvel titles. As of May 2026, Insomniac Games is a key developer within PlayStation Studios, with Marvel's Wolverine confirmed for a September 15, 2026 release on PlayStation 5. The studio is also reportedly working on a standalone Venom game, expected in 2027, and Marvel's Spider-Man 3, potentially a PlayStation 6 title around 2028-2029, further expanding its interconnected Marvel gaming universe.

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People Also Ask

What is Insomniac Games best known for?
Insomniac Games is best known for creating popular PlayStation franchises such as *Spyro the Dragon*, *Ratchet & Clank*, and *Resistance*. More recently, they gained widespread acclaim for the *Marvel's Spider-Man* series.
When was Insomniac Games acquired by Sony?
Sony Interactive Entertainment announced its agreement to acquire Insomniac Games in August 2019, and the acquisition was officially closed on November 15, 2019.
How much did Sony pay for Insomniac Games?
Sony Interactive Entertainment acquired Insomniac Games for $229 million.
What games is Insomniac Games currently working on?
As of May 2026, Insomniac Games is primarily focused on *Marvel's Wolverine*, which is scheduled for release on September 15, 2026. They are also reportedly developing a standalone *Venom* game and *Marvel's Spider-Man 3*.
When is Marvel's Wolverine coming out?
*Marvel's Wolverine* is scheduled to be released on September 15, 2026, for the PlayStation 5.