“We are strengthening our idle games portfolio with the acquisition of Kolibri Games, one of the leaders in the segment, whose flagship game Idle Miner Tycoon has grown steadily since 2016,” says Jean-Michel Detoc, executive director, Ubisoft Mobile. “We are delighted that this great talented team, recognized for the longevity of their flagship title, is joining Ubisoft.”
The acquisition was completed on Jan. 31 and is expected to be accretive to Ubisoft’s earnings. The agreement gives Ubisoft the option of gradually raising its stake in Kolibri Games to 100 percent over the next four years.
"Ubisoft is a creative powerhouse and one of the strongest brands in the games industry – we are humbled to be invited to join this great family,” says Daniel Stammler, co-chief executive officer and
Read more about:
Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes, it’s completely free.