The deal grants Ubisoft exclusive rights to the Far Cry brand, including all characters, likenesses, environmental settings, and copyrights. The company is now free to develop and publish games using this brand on any systems it chooses.

"Far Cry is one of Ubisoft's most successful brands and this agreement is one further step in our strategy to constantly enrich our catalogue of fully owned brands. With Far Cry, we look forward to further consolidating our leading position in the first person shooters genre," said Yves Guillemot, President & CEO of Ubisoft Entertainment.

Ubisoft also has the licence to use the Far Cry Edition of the CryENGINE, meaning any of Ubisoft's development teams can use the engine in future projects. Far Cry Instincts Evolution for the Xbox and Far Cry Instincts Predator for the Xbox 360 are both out on Mach 31.

Carry on the conversation on the VideoGamer forums!