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Ubisoft opens its 23rd development studio in Toronto, Canada

Ubisoft is to open a new development studio in Toronto which is expected to result in the creation of 800 jobs. The studio has been invested in by the government of Ontario, which will put CAD 263 million into the project over a ten year time frame – that’s on top of the half a billion CAD Ubisoft expects to invest. Operations within the studio, which will work on triple-A Ubisoft titles, are expected to begin in late 2009. Overseeing the new Ubisoft Toronto will be Yannis Mallat, chief executive officer at Ubisoft Montreal and producer of the Prince of Persia series. He will lead a team focused on furthering Ubisoft’s plan of extending its brands to complement mediums such as books, comics, short films and other products. The new Toronto arm of the business will also collaborate with the local film industry to enhance its creations, according to Mallat. “We are incredibly excited to finally tap into the remarkable talent Ontario has been developing over the years,” said Mallat.  The studio will be the fourth for Ubisoft in Canada, joining Montreal, Quebec City and Vancouver – studios which employ more than 2,300 creative staff in total.

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