French developer-publisher Quantic Dream (Heavy Rain, Detroit: Become Human) has been acquired by Chinese company NetEase.
NetEase announced the acquisition today (no purchase price has been revealed), which follows its investment in Quantic Dream three years ago. The new owners say that Quantic Dream will “continue to operate independently, focusing on creating and publishing its video games on all platforms.”
Quantic Dream will become NetEase’s first European studio, but it’s been making strides into AAA developent recently, after making its name (and fortune) with mobile games. The Chinese company recently backed Yakuza creator Toshihiro Nagoshi’s new studio, saw the creation of new developer Jar of Sparks from Xbox pioneer Jerry Hook, and is behind newly announced open world epic Where Winds Meet.
“Today marks an important 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 and the drive and passion of our uniquely diverse team. We will now be able to accelerate the vision we share as a group, of creating landmark titles that touch people on an emotional level. We have highly differentiated games in the making and I truly believe that the best is yet to come from Quantic Dream. I am particularly proud that our employees, who were offered a significant share of our capital over the past years, will fully benefit from this acquisition. It is a testimony to our continued commitment to reward all those who have made Quantic Dream the successful studio it is today.”
Quantic Dream has historically focused on narrative-led, choice-based adventure games over the years, and is currently working on narrative action-adventure Star Wars Eclipse. It announced that it was publishing ocean exploration game Under the Waves last week. The company has been the subject of reports of workplace misconduct in recent years, something it has vehemently denied, even taking French newspapers to court.
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