Ubisoft Acquires the Tom Clancy Name

by Hilbert Hagedoorn on: 03/21/2008 10:33 AM | source: | 0 comment(s)

French publisher Ubisoft has announced that it has acquired all intellectual property rights to the name 'Tom Clancy' from the thriller author (Rainbow Six Vegas 2 etc).

These newly acquired rights, which help to guarantee an important multi-franchise product for the publisher, extend on a perpetual basis, free of any future royalty payments, and include use in video games and related products including books, movies and merchandising. The price of the all cash acquisition has not been disclosed explicitly, but Ubisoft implied in its announcement that the initial payment in this fiscal year was of 20 million euros ($30 million). Additional payments are to also be made in the fiscal years of 2008-09 and 2009-10. Hot on the heels of this announcement comes word that they are using that name to build themselves a Tom Clancy MMO.

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