business news Quantic Dream: the French studio well bought by a Chinese giant, all the details!
After months and months of rumors, the case is finally formalized on Wednesday, August 31, 2022: Quantic Dream has just been bought by a famous Chinese company… and not just any company.
NetEase and Quantic Dream, the new love story
Quantic Dream is a French studio that gamers have known well for quite some time: founded in 1997, we owe it narrative and very cinematographic games three of which were released under the auspices of Sony, with whom the company once worked exclusively. Since then, the company has regained its full independence… before we learned today of its acquisition by NetEase.
The Chinese giant had already expressed its interest in investing in the company in 2019, but now the absorption is officially proclaimed through a press release. The amount of the acquisition is unknown, but Quantic Dream then becomes the largest NetEase Games studio in Europe., which represents an important step for the Asian publisher. I have to say that the firm now represents more than 250 employees, still led by David Cage and Guillaume de Fondaumière.
An acquisition that delights everyone
In a recent interview with VentureBeat, David Cage admits that several acquisition proposals had already been received in the past, which also corresponded to Quantic Dream’s expectations. Nonetheless, the firm decided to continue with independence, before finally opting for NetEase Games.
David Cage states in particular that the acquisition will benefit all employees:
NetEase Games values our creative freedom and the drive and passion of our unique and diverse team. Now we will be able to accelerate the vision we share as a group and create powerful titles that touch people emotionally. We have very different games in development and I truly believe that the best of Quantic Dream is yet to come.
I am particularly proud that our employees, who have been offered a significant portion of our capital in recent years, fully benefit from this acquisition. It is a testament to our continued commitment to reward everyone who has made Quantic Dream the successful studio it is today.
NetEase, trusted partner for Future Quantic Dream Games
Before reaching this crucial partnership, Quantic Dream had the opportunity to work with NetEase Games when the latter invested in the company three years ago. A period that allowed the studio to better understand this environment, as Guillaume de Fondaumière points out.
NetEase Games first invested in Quantic Dream three years ago. During this period, we have had the opportunity to work closely together and we have seen how much we share the same ideas and complement each other.
The acquisition of NetEase Games is a natural evolution in this process and creates a unique opportunity to fuel Quantic Dream’s growth by giving our production and publishing teams all the means necessary to excel.
David Cage specified in particular that one of the main directives of Quantic Dream is, as it has been for twenty-five years, to continue investing in its “proprietary engine and technologies as well as its infrastructure, motion capture, photogrammetry and recording studios” : in this sense, the acquisition by NetEase Games will allow further increase in investment and further progress. Also remember that the developers are currently working on Star Wars Eclipse.
as final wordsLet’s remember that NetEase Games has already taken good steps towards the West by working on games like Diablo Immortal or The Lord of the Rings: Call to Arms; the organization also showed off some very ambitious games at gamescom 2022, like this action RPG inspired by Ghost of Tsushima and Sekiro. And it’s a safe bet that we’ll be hearing more about it in the years to come, as well as a certain Tencent continuing to gain ground.
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