If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Ubisoft shares jump 12% on Clancy purchase

graw22.jpg

According to this, Ubisoft's shares rose 12 percent to €54.98 on the news it had bought all rights to the Tom Clancy brand last week. Before the spike, shares in the French firm had slid 29 percent this year.

Ubisoft is thought to have paid in the region of €60 million for the IP, and now owns all rights to publish books, games, movies and merchandise related to the franchise.

President Yves Guillemot also confirmed that the publisher is to start work on a Clancy-based MMO in the wake of the deal.

Sign in and unlock a world of features

Get access to commenting, homepage personalisation, newsletters, and more!

Related topics
About the Author
Patrick Garratt avatar

Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

Comments