Home » News » Ubisoft Entertainment: acquires 75% of Kolibri Games and expects a positive effect on its results

Ubisoft Entertainment: acquires 75% of Kolibri Games and expects a positive effect on its results

PARIS (Agefi-Dow Jones) – Video game publisher Ubisoft announced Monday that it had acquired 75% of the capital of Kolibri Games, a specialist in games for mobile platforms, for an undisclosed amount. Ubisoft did not provide any information to assess the financial performance of Kolibri Games, but said that this transaction would have a positive effect on its results.

Down Berlin in Germany, Kolibri Games is known for developing and publishing Idle Miner Tycoon, a game downloaded by more than 104 million players worldwide and which has benefited from more than 160 updates of additional content since its launch in 2016.

“The studio is made up of a team of a hundred talents who will bring Ubisoft its recognized know-how in the development of games and live services on mobile,” said the editor of the licenses Assassin’s Creed and Far Cry in a press release. .

Ubisoft is thus expanding the area of ​​its operations in this growing market segment, after the acquisition of Green Panda Games in 2019.

According to the agreements signed with Kolibri Games, Ubisoft may gradually increase its stake in the studio capital over the next four years.

-Dimitri Delmond, Agefi-Dow Jones; +33 (0) 1 41 27 47 31; [email protected] ed: VLV

Agefi-Dow Jones The financial newswire

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