Ubisoft Acquires Kolibri Games

Written by Chad

February 5, 2020

Ubisoft announced the acquisition of 75% of Kolibri Games, one of the premier developers of mobile free-to-play games and one of the leaders of the “idle” games genre. Ubisoft continues building its presence in this growing category, with this acquisition following closely upon the company’s purchase of Green Panda Games in 2019.

Kolibri Games, based in Berlin, develops and publishes Idle Miner Tycoon, which has been downloaded by more than 104 million players worldwide since releasing in 2016.

The studio, with a talented team of around 100, has grown the game with more than 160 content updates since its launch and will bring its lauded know-how in mobile games development and live services to Ubisoft.

Jean-Michel Detoc, Executive Director of Ubisoft Mobile, declared, “We are strengthening our ‘idle’ games portfolio with the acquisition of Kolibri Games, one of the leaders in the segment, whose flagship game Idle Miner Tycoon has grown steadily since 2016. We are delighted that this great talented team, recognized for the longevity of their flagship title, is joining Ubisoft.

Ubisoft is a creative powerhouse and one of the strongest brands in the games industry – we are humbled to be invited to join this great family,” said Daniel Stammler, co-CEO and co-founder of Kolibri Games. “This marks a high point in the history of our young company and will enable us to expand our development.

The acquisition was completed on January 31 and is expected to be accretive to Ubisoft’s earnings. The agreement gives Ubisoft the option of gradually raising its stake in Kolibri Games to 100% over the next four years.

Facebook Comments

0 Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles

Akuma Joins Street Fighter 6 This May

Akuma Joins Street Fighter 6 This May

Unleash your inner demon when the one, the only, the legendary Akuma joins the Street Fighter 6 roster starting on May 22, 2024, across PlayStation 5, PlayStation 4, Xbox Series X|S, and PC via Steam! Dropping right alongside Akuma are three significant new updates:...

Slingshot RPG Wandering Ark Launches Closed Beta Test on May 7

Slingshot RPG Wandering Ark Launches Closed Beta Test on May 7

Embark on an epic adventure in Wandering Ark, the new slingshot RPG from PlayPark! The Closed Beta Tests start on May 7 in Thailand, Singapore, Malaysia, Indonesia, Vietnam, and the Philippines. The game is open to both Android and iOS users.   This action-packed...