TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
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.”
