Ubisoft has announced that it has acquired a 75 percent stake in a Germany based Studio named Kolibri Games. Kolibri is one of the premier developers of mobile free-to-play games. It is one of the leaders of the “idle” games genre. Earlier, Ubisoft bought Green Panda Games in 2019 in order to build its presence in the growing mobile gaming category. With the intention of having a strong foot in the mobile gaming industry, Ubisoft acquires mobile studio Kolibri Games.
Why Ubisoft Acquired Kolibri Games
The studio is based out of Berlin and is best known for its work on ‘idle’ titles like Idle Miner Tycoon and Idle Factory Tycoon. With the former having over 104 million downloads since launching in 2016. The game is also mentioned in the editors’ choice category on Google Play. The studio also boasts of having a talented team of around 100, who has grown the game with more than 160 content updates since its launch. After this acquisition, it is also assumed that they will bring its lauded know-how in mobile games development and live services to Ubisoft.
After Ubisoft acquires Kolibri Games, its Mobile executive director Jean-Michel Detoc said,
The company is keen to expand its idle games portfolio, and it has inserted an option into the deal that will allow it to gradually raise its stake in Kolibri to 100 percent over the next four years. We are strengthening our ‘idle’ games portfolio with the acquisition of Kolibri Games. They are one of the leaders in the segment. Also their flagship game Idle Miner Tycoon has grown steadily since 2016.
Kolibri chief executive Daniel Stammler said the deal will allow the studio to expand development on its roster. While allowing it to leverage one of the “strongest brands” in the industry, he added. And here is what he said on LinkedIn,
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