Ubisoft Acquires Mobile Game Growtopia
Ubisoft announced it has acquired Growtopia, the beloved massively multiplayer and social game that gives players the framework and tools to create interactive game worldsLaunched in 2013,
Growtopia is a free-to-play game supported by a highly-engaged community of more than 20 million registered users. In Growtopia, players can create an infinite number of worlds, and make each one their own. With over 500 million worlds created by users, players will never run out of interesting places to visit, create, and collaborate with friends.
“Growtopia gives players the liberty to create worlds and share their game experiences with others, which are great fits with Ubisoft’s commitments to providing more player freedom and increasing our long-term player engagement”, said Jean-Michel Detoc, executive director of Ubisoft, mobile business.
“We’re thrilled with the success of Growtopia so far, and now the game has the potential to get even bigger thanks to Ubisoft’s international network and capacity to reach new audiences,” said Seth Robinson and Mike Hommel, creators and developers, Growtopia.
This acquisition of Growtopia is expected to be instantly accretive to Ubisoft’s earnings. The acquisition is subject to customary closing conditions and is expected to close in Ubisoft’s 2016-17 fourth quarter. No other terms of the acquisition are being disclosed.