The UFC franchise started back in 2000 with Ultimate Fighting Championship for the Playstation, Dreamcast, and Game Boy Color. Developped by Anchor inc, the game was very successful, at least, it was for a game that was based on, what was considered back then, a novelty sport. The Dreamcast version was particularly well-received. However, with Anchor leaving the UFC franchise to work on the Pride FC videogame, the subsequent UFC games received mixed reviews, resulting in a long period of dormancy for UFC video games.
In 2009, the organization partnered with THQ and Yuke's Co. to create a new franchise of UFC games, the UFC Undisputed series. The first iteration, UFC 2009 Undisputed, received positive reviews and respectable sales, leading to the announcement of UFC Undisputed 2010 a few months afterward. The sales weren't that good and the Undisputed franchise went underground for 2 years. After the release of UFC 3, THQ sold their license to the makers of EA Sports MMA, EA Sports.
The UFC was founded by Rorion Gracie, Art Davie and Robert Meyrowitz in 1993,
conceptualized in the early 90's by Rorion Gracie, the ufc was created to showcase the Gracie Jiu Jitsu style of fighting. Royce Gracie was to enter the tournament (which had little rules) despite being relatively skinny and undersized compared to the other participants. The Gracies believed that if the masses saw the smaller, babyfaced Royce defeating larger opponents it would advertise the efficacy of Brazilian Jiu Jitsu.
Royce went on to win the entire tournament, easily beating the larger and stronger opponents by taking the fight to the ground and forcing them to submit by utilizing chokes and joint locks. Eventually as the sport of MMA grew, styles clashed. Those versed in striking arts began to learn wrestling in order to prevent being taken to the ground, the grapplers learned to strike and so on. Thus most of today's top competitors are well rounded in many fighting styles including Brazilian Jiu jitsu, wrestling, boxing, Muay-Thai, Judo, and others.
The UFC was eventually purchased by Zuffa. Since the purchase, the Fertitta's, Zuffa Inc, and Dana White have fostered exponential growth as their brand continues to gain popularity around the world.