New discoveries are being unveiled by the hour as the FTC vs. Microsoft court case continues this week. Internal documents released as evidence for the case reveal the purchase price for one of Xbox’s acquired studios, Ninja Theory. The price, 117 million USD, was found in an internal email pitch to approach Sega for an acquisition proposal in 2020.
Ninja Theory have yet to produce much for Microsoft since its acquisition in 2018 but is on the cusp of releasing the anticipated Hellblade 2 in 2024.
Insomniac owned barely any IP. Ninja Theory owns an IP that, at the time of purchase, was a critical, BAFTA award wining darling that sold really well on multiple platforms.