China’s NetEase Purchases Gaming Studio Responsible For Games Like Halo Infinite And Minecraft.
On Friday, NetEase revealed that it had bought Canadian gaming firm SkyBox Labs, which is currently working on Minecraft and co-developing popular games like Halo Infinite.
The independent SkyBox labs will be a part of NetEase, the second-largest gaming corporation in China. The deal’s financial details were kept a secret by the two businesses.
NetEase has already released mobile games based on the Harry Potter and Lord of the Rings franchises.
Last year, the business acquired French video game studio Quantic Dream, establishing its first studio in Europe that it entirely owned. Additionally, NetEase has established gaming studios in the US and Japan.
Despite mostly concentrating on mobile and PC gaming, NetEase now has its sights set on dominating the console market as too.