Disney proposes full UTV takeover

India’s UTV Software could soon be fully owned by Disney, if a major acquisition bid is agreed.

The Walt Disney Company already owns 50.4 per cent of Ignition’s parent, UTV Software, and today is willing to part with $454 million to own the company in full.

Much of the driving force behind the bid is UTV’s lucrative Bollywood films and TV shows, but a full acquisition would place developer Ignition’s future at the hands of Disney.

Sister site Develop has the full story.

About MCV Staff

Check Also

Gaining observability over multiplayer games – “Out-of-the-box observability gives you the ability to know what’s going on, but more importantly what is going wrong.”

Would you like increased transparency over the state of the backend systems as you launch and scale? [This content was created with Improbable]