tiprankstipranks
NetEase acquires SkyBox Labs, terms not disclosed
The Fly

NetEase acquires SkyBox Labs, terms not disclosed

NetEase (NTES) announced that its game division, NetEase Games, has acquired SkyBox Labs, a Canadian-based game studio. SkyBox Labs will continue to operate independently within NetEase Games under the leadership of its three co-founders Shyang Kong, Derek MacNeil and Steven Silvester, and provide a full range of game development services to current and future partners. NetEase will support the studio with resources and execution capabilities so that SkyBox Labs can achieve faster scale while maintaining the quality of work the studio is known for. The Fly notes in addition to making its own titles, SkyBox has been a support studio for Microsoft’s (MSFT) "Halo Infinite" and "Minecraft." Reference Link

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on MSFT:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles