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NetEase Interactive Entertainment Limited, a Chinese Internet technology company that also develops game content, announced it had acquired the French game developer and publisher called Quantic Dream.
As per CNBC, NetEase Games bought the Paris, France headquartered company as part of its strategy to expand its business in Europe. Quantic Dream is known for popular games such as “Sea of Solitude,” “Fahrenheit,” “Beyond: Two Souls,” “Detroit: Become Human,” and more.
The Chinese tech firm announced its acquisition of Quantic Dream on Wednesday, Aug. 31. The company has been making aggressive moves for its international expansion push and the deal puts the company another step closer to achieving its ultimate goal of reaching and growing in the European market.
The addition of the French firm to its portfolio also marked the company’s establishment of its very first fully-owned gaming firm in the European region. NetEase has been the biggest rival of another Chinese tech, Tencent which has been scaling up its efforts in entering the global gaming market as well despite the strict regulations in its homeland China.
In any case, Quantic Dream is a multi-awarded gaming studio, and it has been around for more than two decades already. It was first launched in Paris in 1997 and produced a number of iconic games that were loved by the gaming community.
The video gaming company announced at the 2021 Game Awards that its latest project is being created in partnership with Lucasfilm Games. The two firms are working on the new action-adventure game titled “Star Wars Eclipse.” The game has no specific release date yet as of this time.
"We are thrilled to embark on an exciting new stage of growth with Quantic Dream, bound by our shared vision, mutual trust and respect," NetEase Inc.’s director and chief executive officer, William Ding, said in a press release.
The CEO added, "NetEase will continue to fulfill our promise to support Quantic Dream to realize its full potential by combining the wild creativity and exceptional narrative focus of Quantic Dream with NetEase's powerful facilities, resources, and execution capabilities.”
