Ubisoft buys free online game startup Owlient

Jul 12, 2011
Videogame publishing titan Ubisoft announced Tuesday that it is buying a French developer specializing in games played free on the Internet.

Videogame publishing titan Ubisoft announced Tuesday that it is buying a French developer specializing in games played free on the Internet.

The purchase of Owlient comes as part of a strategy by Ubisoft to follow players onto the Internet, social networks, smartphones, and other venues while still serving up blockbuster titles for consoles.

"We are thrilled to welcome the talented team at Owlient to Ubisoft," said Ubisoft chief executive Yves Guillemot.

"Over the last five years they have developed an architecture dedicated to delivering and monetizing games as a service, as well as the skills of attracting and retaining ," he added.

The acquisition follows the recent launch of a free-to-play online version of Ubisoft's "Tom Clancy" military action videogames.

The list of Ubisoft games available for free play on the Internet includes "CSI Crime City" and "Heroes Kingdoms" as well as "Settlers Online," which has reportedly become a hit in Germany.

Owlient was created five years ago by Olivier Issaly and Vincent Guth, who met at an IT high school in Paris, according to the startup's website.

Owlient boasts nearly two million monthly users in an array of languages and countries.

"Joining the Ubisoft team will allow us to accelerate our and to expand our expertise and our games to new platforms," said Issaly, Owlient's chief executive.

"We are proud of what our team has accomplished and confident that joining Ubisoft will allow us to continue that success."

Financial terms of the deal were not disclosed and the acquisition was expected to close by the middle of next year.

Explore further: Thanksgiving travel woes? There's an app for that

add to favorites email to friend print save as pdf

Related Stories

Ubisoft sends 'Assassins' to Facebook

Oct 01, 2010

French videogame titan Ubisoft is expanding the world of "Assassin's Creed" to Facebook, breaking down the barrier between play on consoles and at the hot online social network.

Recommended for you

Thanksgiving travel woes? There's an app for that

Nov 26, 2014

Traveling by plane, train or automobile can be a headache. Mixing in Thanksgiving can make it a throbbing migraine. Technology provides some pain relief in the form of apps to let you know which roads are ...

Singapore moves to regulate taxi booking apps

Nov 21, 2014

Singapore on Friday announced new rules for mobile taxi booking apps, including US-based Uber, in the latest move by governments around the world to regulate the increasingly popular services.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.