NetEase spent 100 million euros to acquire game developer Quantic Dream

A few months ago, NetEase announced that its gaming division, NetEase Games, had acquired the game developer Quantic Dream, becoming NetEase Games’ first studio in Europe, an important step in realizing NetEase’s vision to support global innovation and game development. NetEase invested in Quantic Dream in early 2019, and the two parties established a partnership. News of the acquisition began to circulate in late March 2022, but NetEase did not disclose the specific amount of the acquisition.

According to Insider Gaming, it has been learned that NetEase spent about 100 million euros to acquire Quantic Dream. Quantic Dream founder and CEO David Cage and his family hold 51% of the shares, which means that the proceeds will reach around 50 million euros.

In 2019, the French Parliament passed the PACTE law, and all employees can obtain shares in Quantic Dream, aiming to better share the value created by the company. A source disclosed the amount NetEase obtained after the acquisition, which was probably between 50,000 Euros and 100,000 Euros. Then calculate NetEase’s bid based on the proportion of Quantic Dream shares that you own.Quantic Dream, led by David Cage is one of the world’s premier independent video game developers. Founded in Paris, France 25 years ago, it has developed many games such as “Heavy Rainä”, “Beyond: Two Soulsä” and “Detroit: Become Humanä”. It has its own unique way of storytelling.

Quantic Dream announced in 2021 that it will participate in the development of the new action-adventure game Star Wars: Eclipse. Rumor has it that Quantic Dream has hit a snag with the game’s development, and its Paris studio has a fair amount of vacancies and is currently struggling with hiring.