Ubisoft makes Tom Clancy-branded video games such as Splinter Cell, Ghost Recon and Rainbow Six.
French video game maker Ubisoft said it acquired intellectual property rights to the Tom Clancy name for use in video games, books and movies.
Ubisoft now expects to have a net cash position of about 130m eur at the end of its fiscal year, down from a previous forecast of about 150m eur.
Ubisoft will make additional, unspecified payments for the Tom Clancy rights in each of its next two fiscal years as well, Ubisoft said in a statement.
Royalty savings generated by the acquisition are expected to have an average positive impact on Ubisoft's operating profit of at least 5m eur per year.
Source: Thomson.com