
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.

FuRuy has opened a Twitter account called “Project Alice” teasing a new game announcement on April 25 at 20:30 JST.

New report from Skillsearch found that 22% of those surveyed had been laid off within the past 12 months.

It's a step forward for Stop Killing Games.
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
$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.
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.
Microsoft gives 300£ for crappy RARE and Sony buys two studios for 16£ LOL Way to go Sony!
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?