What Company Did Ubisoft Buy?
Ubisoft, a French multinational video game developer and publisher, has made several acquisitions over the years to expand its portfolio of games and businesses. In this article, we will explore the key acquisitions made by Ubisoft, with a focus on its recent deals and the impact they have had on the gaming industry.
Green Panda Games: Ubisoft’s Latest Acquisition
In July 2019, Ubisoft acquired a 70% stake in Green Panda Games, a French mobile gaming company. Green Panda Games is a developer and publisher of over 50 mobile casual games, and its acquisition by Ubisoft marked a significant expansion of Ubisoft’s mobile gaming presence. The agreement also included an option for Ubisoft to acquire the remaining 30% stake in the company.
Key Points:
• 70% stake acquisition: Ubisoft acquired a 70% stake in Green Panda Games, with an option to fully acquire the company.
• Mobile gaming expansion: The acquisition marked Ubisoft’s expansion into the mobile gaming market.
• Over 50 mobile casual games: Green Panda Games is a developer and publisher of over 50 mobile casual games.
Other Notable Acquisitions
Ubisoft has also made several other notable acquisitions over the years, including:
• Massive Incorporated: In 2008, Ubisoft acquired Massive Incorporated, an American video game developer. Massive was best known for developing the World in Flames game.
• Hyype: In 2011, Ubisoft acquired Hyype, an American video game developer.
• Blue Mammoth: In 2017, Ubisoft acquired Blue Mammoth, a Finnish video game developer.
Table of Ubissoft’s Notable Acquisitions
| Company | Acquisition Date | Nature of Acquisition |
|---|---|---|
| Green Panda Games | July 2019 | 70% stake in mobile gaming company |
| Massive Incorporated | August 2008 | Acquisition of American video game developer |
| Hyype | December 2011 | Acquisition of American video game developer |
| Blue Mammoth | 2017 | Acquisition of Finnish video game developer |
Impact on the Gaming Industry
Ubisoft’s acquisitions have had a significant impact on the gaming industry. With the acquisition of Green Panda Games, Ubisoft has expanded its presence in the mobile gaming market and has gained access to a large catalog of mobile casual games.
Conclusion:
In conclusion, Ubisoft has made several key acquisitions over the years to expand its business and presence in the gaming industry. The acquisition of Green Panda Games marked a significant milestone in Ubisoft’s expansion into the mobile gaming market. As the gaming industry continues to evolve, we can expect Ubisoft to make further strategic acquisitions to stay ahead of the curve.
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