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Ubisoft doubles down on Quebec operations with $370M investment

Ubisoft doubles down on Quebec operations with $370M investment

September 30, 2013 | By Kris Ligman




Assassin's Creed developer Ubisoft plans to prop up its Montreal and Quebec City studios with a $370 million investment over the next seven years, which is expected to generate around 500 new jobs in the province.

The investment is geared toward a consolidation of Ubisoft's online game infrastructure -- including increased community management presence, interactive marketing development and monetization specialists -- as well as expanding game development and production, namely through motion capture facilities. The company expects to employ about 3,500 people between its Montreal and Quebec locations by 2020.

"Today's announcement allows us to anticipate the growth of our future needs with the main objective of strengthening proximity with our players and creating value for them," Ubisoft CEO Yves Guillemot said in conjunction with the statement.

Ubisoft will also receive a $9.9 million investment from the Quebec government to bolster its operations, on top of adjustments to its tax credits.


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