In yet another industry acquisition of a long-running studio, NetEase announced this morning that it had acquired Quantic Dream. Quantic Dream, a studio of more than 250 employees, was founded in 1997 and is best-known for narrative driven games such as Detroit: Become Human, Beyond: Two Souls, and Heavy Rain.
William Ding, CEO and Director of NetEase Inc., issued the following statement:
“We are thrilled to embark on an exciting new stage of growth with Quantic Dream, bound by our shared vision, mutual trust and respect,” said William Ding, CEO and director of NetEase, Inc., in a statement. “NetEase will continue to fulfil our promise to support Quantic Dream to realise its full potential. By combining the wild creativity and exceptional narrative focus of Quantic Dream with NetEase’s powerful facilities, resources and execution capabilities, we believe there are infinite possibilities that could re-define the interactive entertainment experience we provide for players worldwide.”
David Cage, Founder and CEO of Quantic Dream, also issued a statement:
“Today marks an important milestone for our studio after a quarter century of complete independence,” said Quantic Dream’s founder, CEO and writer-director David Cage, in a statement. “NetEase Games values our creative freedom and the drive and passion of our uniquely diverse team. We will now be able to accelerate the vision we share as a group, of creating landmark titles that touch people on an emotional level. We have highly differentiated games in the making, and I truly believe that the best is yet to come from Quantic Dream. I am particularly proud that our employees, who were offered a significant share of our capital over the past years, will fully benefit from this acquisition. It is a testimony to our continued commitment to reward all those who have made Quantic Dream the successful studio it is today.”
According to a report from GamesBeat, Quantic Dream has grown its headcount by more than 50% since 2021 and is developing multiple titles including one with the Star Wars IP. While no specific purchase price was disclosed, we will share any additional details as they become available!