Shrygue
November 5th, 2007, 18:38
via Games Industry (http://www.gamesindustry.biz/content_page.php?aid=30290)
Ubisoft has concluded an agreement to acquire the Japanese development studio Digital Kids.
Digital Kids, established in 1996, specialises in games for the Nintendo DS and has developed several successful titles for Ubisoft's Petz franchise, including Hamsterz Life.
"When it comes to Nintendo DS games, Digital Kids has demonstrated a leading knowledge that has resulted in creative animal simulation titles that appeal to Japanese and Western audiences alike, which is quite rare," remarked Ubisoft CEO Yves Guillemot.
"This acquisition attests to Ubisoft's capacity to establish successful partnerships in new territories and reinforces its advance on casual games."
No financial terms of the deal were disclosed. The acquisition is expected to close during Q3 of the 2007-08 fiscal year.
Ubisoft has concluded an agreement to acquire the Japanese development studio Digital Kids.
Digital Kids, established in 1996, specialises in games for the Nintendo DS and has developed several successful titles for Ubisoft's Petz franchise, including Hamsterz Life.
"When it comes to Nintendo DS games, Digital Kids has demonstrated a leading knowledge that has resulted in creative animal simulation titles that appeal to Japanese and Western audiences alike, which is quite rare," remarked Ubisoft CEO Yves Guillemot.
"This acquisition attests to Ubisoft's capacity to establish successful partnerships in new territories and reinforces its advance on casual games."
No financial terms of the deal were disclosed. The acquisition is expected to close during Q3 of the 2007-08 fiscal year.