The news has been circulating since spring. Now it is official. NetEase acquires French video game studio Quantic Dream. The giant, Tencent’s main rival and a major player in the Chinese internet, had already taken a minority stake in the company in 2019.This is an important event for us in the western market“,- declares Figaro NetEase CEO William Ding, who declined to tell us the exact amount of the deal. “Combining Quantic Dream’s creative and cinematic storytelling prowess with NetEase’s resources and execution capabilities strengthens our ability to expand our global player community.“.
This is not NetEase’s first attempt at acquiring video game studios. in recent years, the Chinese have multiplied their acquisitions of independent studios and partnerships with other industry heavyweights such as Activision. Blizzard. And adding Quantic Dream…
Source: Le Figaro
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.