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New Deal


Announced

Completed

NetEase completed the acquisition of Quantic Dream.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

France

Majority

Single Bidder

video games

Completed

Gaming

Acquisition

Cross Border

Synopsis

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NetEase, a Chinese Internet technology company, completed the acquisition of Quantic Dream, a French video game developer. Financial terms were not disclosed. "Today marks an important milestone for our studio after a quarter century of complete independence. NetEase Games values our creative freedom and the drive and passion of our uniquely diverse team. We will now be able to accelerate the vision we share as a group, of creating landmark titles that touch people on an emotional level. We have highly differentiated games in the making and I truly believe that the best is yet to come from Quantic Dream. I am particularly proud that our employees, who were offered a significant share of our capital over the past years, will fully benefit from this acquisition. It is a testimony to our continued commitment to reward all those who have made Quantic Dream the successful studio it is today," David Cage, Quantic Dream CEO.

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