Ubisoft announced today that it has acquired the mobile and free-to-play developer, Future Games of London.
The Hungry Shark developer was established in 2009, and with 41 employees has achieved more than 100 million downloads over its multiple IPs. “The decision to sell is always a difficult one, especially when we have built so much success as an independent company, with our own IP and a direct relationship with our players,” a post on FGOL’s website reads, in part. “However, as we grow the team and as the mobile free-to-play industry around us evolves, we want to be in a position to place bigger best on better games. Being part of Ubisoft’s family gives us the support, experience, marketing and resources we need to make a very big impact with our future titles.”
“With this deal, we’re biting off an even bigger part of the market for mobile and tablet games,” Managing Director of Ubisoft’s mobile business Jean-Michel Detoc said. “Future Games of London brings a popular and profitable franchise to Ubisoft’s portfolio, and supplements our mobile group with a very talented team that has a deep understanding of mobile and free-to-play mechanics.”
(via Joystiq)