Breaking News

MediaTek announces Dimensity 9500 ASUS Announces Turbo Radeon AI Pro R9700 32GB Graphics Card GIGABYTE Launches AORUS RTX 5060 Ti AI BOX eGPU LIAN LI Launches 8.8” Universal Screen with Flexible Mounting Solution Viltrox Announces Two New Affordable, Pocketable Ultra-Wide Autofocus Prime Lenses

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Ubisoft Buys Intellectual Property Rights to The Tom Clancy Name

Ubisoft Buys Intellectual Property Rights to The Tom Clancy Name

Gaming Mar 21,2008 0

Ubisoft, one of the world’s largest video game publishers, announces that it has concluded an agreement with Mr. Tom Clancy to acquire all intellectual property rights to the Tom Clancy name. The price of this all cash acquisition is not currently disclosed. Post acquisition, Ubisoft expects to have a net cash position of around 130 million Euros by the end of fiscal 2007-08, compared to a previous expectation of approximately 150 million Euros. Additional payments will be made as well in fiscal 2008-09 and fiscal 2009-10.

"After ten years of a highly successful collaboration which has seen the creation of blockbusters that set standards in the videogame industry, such as Tom Clancy’s Splinter Cell, Tom Clancy’s Ghost Recon, and Tom Clancy’s Rainbow Six, today, acquiring the perpetual property rights of the Tom Clancy name for video games and related projects is a major event," stated Yves Guillemot, Chief Executive Officer at Ubisoft. "The future of our industry lies in our capacity to create and develop brands that captivate consumers and that present a myriad of opportunities for the full spectrum of entertainment, be it video games, books, movies or other media. The Tom Clancy brand is recognized around the world for offering exciting video games, films and books. The most recent example of such value creation through brand management is the EndWar book, based on the video game story, which has been in the NY Times top 10 Paperback Mass Market Fiction bestseller list for the last four weeks. Capitalizing on the strong franchises that we’ve built over the past 10 years, we will take the Tom Clancy game brand to the next level of the global entertainment industry."

Tags: Ubisoft
Previous Post
Centro a Bright Spot in an Otherwise Bad Quarter for Palm
Next Post
Sharp Aims High With 8X Blu-ray Laser Diode by 2010

Related Posts

  • Intel and Ubisoft Announce Collaboration for 2024’s Star Wars Outlaws

  • Ubisoft Sues Apple, Google Over Distribution of Alibaba’s Area F2 Game

  • Ubisoft's Uplay+ Subscription Service Will Offer a Long Game Library

  • Ubisoft at E3 2019

  • Ubisoft is Trying to Prevent Illegal Sales of Game Activation Codes

  • Google Invites Users to Play Assassin's Creed Odyssey on Their Browser

  • Assassin's Creed Odyssey and More at Ubisoft's E3 Presentation

  • Ubisoft Pushes Back Release of Far Cry 5, The Crew 2

Latest News

MediaTek announces Dimensity 9500
Smartphones

MediaTek announces Dimensity 9500

ASUS Announces Turbo Radeon AI Pro R9700 32GB Graphics Card
GPUs

ASUS Announces Turbo Radeon AI Pro R9700 32GB Graphics Card

GIGABYTE Launches AORUS RTX 5060 Ti AI BOX eGPU
GPUs

GIGABYTE Launches AORUS RTX 5060 Ti AI BOX eGPU

LIAN LI Launches 8.8” Universal Screen with Flexible Mounting Solution
Enterprise & IT

LIAN LI Launches 8.8” Universal Screen with Flexible Mounting Solution

Viltrox Announces Two New Affordable, Pocketable Ultra-Wide Autofocus Prime Lenses
Cameras

Viltrox Announces Two New Affordable, Pocketable Ultra-Wide Autofocus Prime Lenses

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Noctua NH-D15 G2

Noctua NH-D15 G2

be quiet! Pure Base 501

be quiet! Pure Base 501

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed