Sony Interactive Entertainment ("SIE") announced today that SIE has completed the acquisition of Housemarque Oy ("Housemarque"), a leading game developer and long-time partner of SIE. Recognized for its extensive experience in the arcade-shooter genre as well as strong creative and technical capabilities, Housemarque has developed eight titles exclusive to PlayStation consoles including Returnal, Nex Machina and Alienation.

With the recent release of the hugely popular PlayStation 5 exclusive Returnal, Housemarque evolved its trademark style gameplay by weaving a haunting narrative into a 3D bullet-hell shooter. Based in Helsinki, Finland, Housemarque will join the global development operation of PlayStation Studios and will be the 13th studio to join the PlayStation Studios family."Housemarque has flexed its creative palette on a wide range of PlayStation games over the years that have continually showcased the power of our hardware," said Jim Ryan, President & CEO, Sony Interactive Entertainment. "The addition of Housemarque to PlayStation Studios reiterates our commitment to elevating the best development teams in the industry and delivering new experiences that can only be found on the PlayStation platform."

"With a proven track record of creating original games that feature best-in-class gameplay, Housemarque is a highly-accomplished studio and we couldn't be more thrilled to officially welcome them to the PlayStation Studios family," said Hermen Hulst, Head of PlayStation Studios. "With its gripping gameplay, haunting story and unforgiving world, Returnal has captivated the PlayStation audience and we're looking forward to working alongside the team to bring to life their ambitious creative vision on future projects."

"After more than 15 years of successfully collaborating, we're excited to amplify our potential even further and join PlayStation Studios," said Ilari Kuittinen, Co-founder and Managing Director, Housemarque. "Returnal is a testament to our strong relationship with PlayStation Studios and the organization believing in us to take a risk and give us the freedom to explore our creativity and develop something unique. We can't wait to bring PlayStation fans more fresh, new experiences."

The day-to-day operations will continue to be run by Housemarque's current management team in conjunction with PlayStation Studios External Development team. Terms of this transaction including the acquisition cost are not disclosed due to contractual commitments.

About Sony Interactive Entertainment
Recognized as a global leader in interactive and digital entertainment, Sony Interactive Entertainment (SIE) is responsible for the PlayStation brand and family of products and services. PlayStation has delivered innovation to the market since the launch of the original PlayStation in Japan in 1994. The PlayStation family of products and services include PlayStation 5, PlayStation 4, PlayStation VR, PlayStation Store, PlayStation Plus, PlayStation Now, and acclaimed PlayStation software titles from PlayStation Studios. Headquartered in San Mateo, California, SIE is a wholly owned subsidiary of Sony Group Corporation and has global functions in California, London and Tokyo.

About Housemarque
Headquartered in Helsinki, Finland, Housemarque is a game developer working on console and PC. True to our core gamer audience, we prioritize stratified gameplay mechanics and impeccable audiovisual execution to create euphoric gaming experiences. Housemarque was co-founded in 1995 by Harri Tikkanen and Ilari Kuittinen. Prior to joining forces, Harri and Ilari founded two of Finland's first game
development studios - Bloodhouse and Terramarque. Today, Housemarque is one of the most experienced and well-known developers of downloadable games for console platforms, with a successful track record spanning 20+ years. 'Game is King' is our motto.