Chinese tech giant NetEase has announced that it has acquired Quantic Dream, following a smaller investment in the company in 2019.
NetEase announced the acquisition today (the purchase price was not disclosed ), which follows its investment in Quantic Dream three years ago. The new owners say Quantic Dream will “continue to operate independently, focusing on the creation and publication of its video games across all platforms . ”
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Quantic Dream will be NetEase's first European studio, but it has been making strides in AAA game development recently, having made its name (and fortune) with mobile games . The Chinese company recently backed Yakuza creator Toshihiro Nagoshi 's new studio , saw the creation of new studio Jar of Sparks from Xbox pioneer Jerry Hook , while also being behind the recently announced open world game Where Winds Meet .
“Today marks a significant milestone for our studio after a quarter century of complete independence,” said Quantic Dream founder, CEO and writer-director David Cage. “ NetEase Games values our creative freedom, the drive and passion of our uniquely diverse team. We can now accelerate the vision we share as a team to create landmark titles that touch people on an emotional level. We have a very diverse of games in development, and I truly believe that the best is yet to come from our company. I am particularly proud that our employees, who have been offered a significant share of our capital over the past few years, will fully benefit from the acquisition of Quantic Dream. It is a testament to our continued commitment to rewarding all those who have made Quantic Dream the successful studio it is today.”
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Quantic Dream has historically focused on narrative-led, choice-based adventure games over the years, and is currently working on the narrative action-adventure game Star Wars Eclipse . It announced the release of ocean exploration game Under the Waves last week. The company has been the subject of allegations of workplace misconduct in recent years, which it has vehemently denied, even taking French newspapers to court .
Source: ign.com
