Ubisoft acquires Driver
Ubisoft is pleased to announce that it will acquire from
Atari the Driver® franchise and the majority of the assets of
Reflections Interactive Limited studio
London, UK - 14 July 2006 - Today, Ubisoft, one of the world's
largest video game publishers, announces that it has concluded
an agreement with Atari, Inc. and Reflections Interactive
Limited to acquire the intellectual property and technology
rights to Driver®, the world acclaimed franchise, as well as
most of the assets and all of the personnel of Reflections
Interactive Limited. The acquisition will be completed for a
cash price of 19 M . The acquisition is subject to
customary closing conditions and is expected to close in
Ubisoft's second quarter of fiscal 2007. "We are thrilled with
this acquisition which will allow us to add a prestigious title
to our catalogue and to enter into the driving games segment,
one of the most important segments in the gaming industry. With
more than 14 million units sold throughout the world, Driver®
is one of the most successful brands in the history of video
games. We look forward to leveraging the unique knowledge of
the Ubisoft studios to ensure that Driver will be one of the
leading brands of the next generation of consoles." said Yves
Guillemot, CEO of Ubisoft. Contact : Investor Relations
Jean-Benoît roquette Head of Investor Relations +33 1 48 18 52
39 Jean-benoit.roquette@ubisoft.fr Disclaimer : This statement
may contain financial data evaluated, information on future
projects and transactions and future economic
results/performance. Such valuations are provided for
estimation purposes only. They are subject to market risks and
uncertainties and may vary significantly with the actual
results that shall be published. About Ubisoft : Ubisoft is a
leading producer, publisher and distributor of interactive
entertainment products worldwide and has grown considerably
through its strong and diversified lineup of products and
partnerships. Ubisoft has offices in 21 countries and sales in
more than 50 countries around the globe. It is committed to
delivering high-quality, cutting-edge video game titles to
consumers. Ubisoft generated revenue of 547 million Euros for
the 2005-2006 fiscal year. To learn more, please visit
www.ubisoftgroup.com.
