French video game maker invests $28M in Quebec City studio

Ubisoft Entertainment S.A., a Paris-based maker of hit video games  such as Assassin’s Creed, Splinter Cell and Just Dance, is investing $28 million to expand its Quebec City studio.

The Quebec government is supporting the expansion, which will see the creation of some 100 new jobs, with a contribution of an additional $510,000.

“These investments will enable the studio to strengthen its infrastructure and recruit new talent and take the lead on the development of AAA next-gen games,” Ubisoft said in in statement.

Interactive entertainment is a vital part of Quebec City’s economy, according to Quebec Premier Pauline Marois.

“We are proud to accompany Ubisoft in its growth in Quebec,” she said. “Interactive entertainment is an important vector for the economy in the Quebec City region, and helps to promote Quebec’s savoir-faire on an international level.”

In October 2013, Marois gave Ubisoft a $9.9 million subsidy, as well as millions in tax credits.

Ubisoft has a seven-year plan for a $373 million expansion of its Quebec operation. The company hopes to add 500 new jobs to its current workforce in the province by 2020.

“We are pleased to be reinforcing our presence in Quebec City, with the help of the government,” said Yves Guillemot, Ubisoft CEO and co-founder. “Our Quebec City studio has demonstrated its ability to manage large-scale projects and it is a natural progression to entrust the team with the production of AAA next-gen games.”

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Nestor E. Arellano
Nestor E. Arellano
Toronto-based journalist specializing in technology and business news. Blogs and tweets on the latest tech trends and gadgets.

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