NetEase Acquires Quantic Dream

netease

NetEase Games, the games division of NetEase, Inc. (NASDAQ: NTES, HKEX: 9999), a Chinese internet and online game services provider, acquired Quantic Dream S.A., a Paris, France and Montreal, Canada-based premier independent video game developer.

The amount of the deal was not disclosed. NetEase originally acquired a minority stake in Quantic Dream S.A. in 2019. 

With the acquisition, Quantic Dream will become NetEase Games’ first studio in Europe. It will continue to operate independently, focusing on creating and publishing its video games on all platforms, as well as supporting and publishing third-party developed titles, while at the same time leveraging NetEase’s game development capabilities.

Led by David Cage and Guillaume de Fondaumière, Quantic Dream creates games with a narrative focus and nonlinear stories that reward players’ choices. The studio, which develops its own proprietary technologies, is also known for the use of motion capture to bring actors’ performances to life in innovative ways. It is the creator of iconic games such as Heavy Rainô, Beyond: Two Soulsôand Detroit: Become Humanô. The studio is working in collaboration with Lucasfilm Games on the new action-adventure game, Star Wars Eclipse™.

As a leading internet technology company based in China, NetEase provides premium online services centered around content creation. With extensive offerings across its expanding gaming ecosystem, the company develops and operates some of China’s most popular and longest running mobile and PC games.

Beyond games, NetEase service offerings include its majority-controlled subsidiaries Youdao (NYSE: DAO), China’s leading technology-focused intelligent learning company, and Cloud Music (HKEX: 9899), China’s leading online music content community, as well as Yanxuan, NetEase’s private label consumer lifestyle brand. NetEase Games is the online games division of NetEase developing and operating some of the most popular mobile and PC games in markets including China and Japan. It also partners with other industry leaders including Blizzard Entertainment, Mojang AB (a Microsoft subsidiary) and other global game developers to operate some of the most popular international online games in China.

FinSMEs

06/09/2022