Ubisoft is primarily known for its console and PC games, but the company has been making moves or the years to become a big player in the mobile market. To secure a spot around the table, Ubisoft recently acquired mobile publisher, Green Panda Games.
According to the report, Ubisoft now has a whopping 70 percent stake in Green Panda Games, and that could change to 100 percent in the next four years. For those who are wondering, the mobile game developer was founded back in 2013 and has so far gone on to release several free-to-play titles.
"This acquisition strengthens our position in the hyper-casual market, particularly within the idle games segment," said executive director of Ubisoft Mobile Jean-Michel Detoc. "Bringing Green Panda Games into the group fits seamlessly with our aim of offering a diversified and high-quality line-up of mobile games to an ever-wider audience. We are very excited that this talented team is joining Ubisoft's creative force."
Some of the popular games include the likes of Bee Factory, Sushi Bar, Golf Inc Tycoon, and much more.