Sections

Ubisoft acquires Gameloft's India studio

Ubisoft has reached an agreement with Gameloft to acquire its development studio in Pune, India

Ubisoft has announced an agreement to acquire Gameloft's development studio based in Pune, India.

Established in 2006, the studio currently has a team of 120 developers and testers who will initially focus on porting titles to handheld consoles and reinforcing Ubisoft's testing teams.

"Following on the recent announcement of our new Singapore studio, this acquisition will reinforce Ubisoft's presence in Asia and the southeast region in particular," said Christine Burgess-Quémard, executive director, worldwide studios at Ubisoft.

"India has a promising future in the videogame industry and this is an opportunity for us to establish ourselves in the country."

Ubisoft's goal is to increase the studio's development team to 200 members within a year, and to reach 500 developers in the coming years.

Pune - known as the "Oxford of the East" - sees 80,000 engineers graduate each year from its university system.

No financial terms of the arrangement were disclosed. The agreement is expected to close during the first quarter of the 2008-09 fiscal year.

Related stories

Adapting a AAA mindset to live ops

Ubisoft's Noémi Rouleau discusses Rainbow Six Siege's shift from boxed product development to games-as-a-service

By Brendan Sinclair

Far Cry 5, The Crew delayed as Ubisoft revises profitability targets

The publisher is also moving one of its unannounced titles as it expects better profit for the 2017-18 fiscal year

By James Brightman

Latest comments

Sign in to contribute

Need an account? Register now.