Top
150°

Sony paid £16 million for Evolution Studios

Sony's acquisition of MotorStorm developer Evolution Studios and its PSP satellite Bigbig Studios cost the company £16 million (EUR 22.9m / USD 32.6m). According to a report by the Liverpool Daily Post, chief executive and co-founder Martin Kenwright held a 75 per cent stake in the company, netting him GBP 12 million from the sale. Ian Hetherington, chairman and co-founder, held most of the rest of the shares.

Read Full Story >>
gamesindustry.biz
The story is too old to be commented.
Microsoft Knight3693d ago

for a studio which it's best game looks and plays like a ds game Sony are a bunch of idiots and so are everyone who bought a pos3 with a Trojan blu ray player with faulty hardware

HarryEtTubMan3693d ago

You're a lieing idiot. I JUST CAN'T WAIT TO GET MY PLAYSTATION 3!! I'M SOO HAPPY , SO MANY GOOD GAMES COMING AND MAN I CAN EVEN WATCH BLU RAY OR LOOK AT BOOBIES ON THE INTERNET!! OR WATCH TV AND LOOK AT BOOBIES!LOL

Marty83703693d ago (Edited 3693d ago )

360 hardware is way more faulty. As high as 30%. Does RROD ring a bell.lol. PS3 & Wii are under with only 0.1%.

WilliamRLBaker3692d ago

now while i agree sonyhypekillers statment was stupid.
yours was even more so ps3 fan. 0.1% thats impossible not only from a logical standpoint but from a factual one too.

6m consoles sold so far for ps3.
6000 units faulty? righttttttttttttttt

masterg3693d ago

$32 mill for a studio that by my opinion have made the best next gen car game so far (and one of the best selling).
Not bad at all. Compare it with MS who paid $50 mill for extra content on one single game (not that there is anything wrong with that). I would rather buy a studio and make a ton of games.

Bathyj3693d ago

Congrates. You've earnt that one bubble wanker. How can you say faulty hardware and and keep a straight face? Even other Xbots must be saying Ixnay on the faulty ardware hay. Sorry my pig latins rusty.

As for the article, what an absolute bargain. If I'd know there were selling so cheap I would have bought them myself.

Vojkan3692d ago

Microsoft gives 300£ for crappy RARE and Sony buys two studios for 16£ LOL Way to go Sony!

SabreMan3692d ago (Edited 3692d ago )

I wouldn't call RARE crappy the stamper brothers were a phenomenal success starting in the early eighties, at the time Microsoft bought them they had made several stunning titles on the n64 and one good effort on the gamecube, granted their 360 efforts have been pretty poor in comparison.
The best they have done is Jet Pac remake for xbox live and that is stunning, the sad fact is most of the people that made Rare great left when microsoft bought them

bootsielon3692d ago

For the Motorstorm developer, which made the most fun racing game I've played since Mario Kart 64. Great graphics too.

I would have expected more, but oh well. Good for Sony. What else has evolution studios made anyway?

Show all comments (11)