Ubisoft discusses idea of potential buyout

Ubisoft discusses idea of potential buyout

Ubisoft discusses idea of potential buyout Eurogamer.net If you click on a link and make a purchase we may receive a small commission. Read our editorial policy. Ubisoft discusses idea of potential buyout "We have high-value assets." News by Tom Phillips Deputy Editor Updated on 18 Feb 2022 26 comments In the wake of several huge video game industry acquisitions, Ubisoft has discussed the idea of being bought out itself. The Assassin's Creed developer held its latest financial results briefing last night and nodded to the current industry round of acquisitions - Microsoft buying Activision Blizzard, Sony buying Bungie, Take-Two buying Zynga - before commenting on its own position. "Ubisoft's assets have never been so strong at a time when the value of assets has never been so high," the publisher said (thanks, GamesIndustry.biz). Watch on YouTube Ubisoft is still an independent company, owned and controlled by boss Yves Guillemot whose family founded the business back in 1986. Memorably, it fought off a very public takeover attempt by French media conglomerate Vivendi back in 2016, when it vowed to "fight" to remain independent at all costs. Today, Ubisoft's sentiment to being acquired sounded more measured. "We have always taken our decisions in the interest of our stakeholders, which are our players, employees and shareholders," Guillemot noted. "So Ubisoft can remain independent. We have the talent, the industrial and the financial scale, and a large portfolio of powerful IP... "Having said that, if there were an offer to buy us, the board of directors would of course review it in the interest of all stakeholders." The last few years have been tough for Ubisoft employees, who have seen the company struggle to emerge from its reckoning on employee harassment and workplace culture in the summer of 2020. Earlier this week, employee group A Better Ubisoft released another exasperated letter as it continued to push for improvements to working conditions. Ubisoft has also angered staff and fans with its continued exploration of the NFT space, something many employees disagree with. Could Yves Guillemot finally now sell up? With the amounts of money now changing hands for video game companies, it would seem foolish to say for certain "no". Become a Eurogamer subscriber and get your first month for £1 Get your first month for £1 (normally £3.99) when you buy a Standard Eurogamer subscription. Enjoy ad-free browsing, merch discounts, our monthly letter from the editor, and show your support with a supporter-exclusive comment flair! Support us View supporter archive More News Atari will hold RollerCoaster Tycoon rights for another decade Ups and downs. 7 Lady Dimitrescu will be a tad smaller in Resident Evil Village's Mercenaries DLC Level the playing field. 1 Overwatch 2 suffers another DDoS attack and character roster bugs Mei Mei. 7 Nintendo Switch firmware update lets you take screenshots in the Switch Online app The app on your console, not your phone. 7 Latest Articles Atari will hold RollerCoaster Tycoon rights for another decade Ups and downs. 7 Jelly Deals Logitech's G Pro X gaming headset is its lowest-ever price during Amazon's Early Access sale Prime Members can get it for just £52. Jelly Deals Save over £500 off the retail price on this beefy ASUS TUF Dash gaming laptop from Amazon Under £1080 for an RTX 3070 laptop. Lady Dimitrescu will be a tad smaller in Resident Evil Village's Mercenaries DLC Level the playing field. 1 Supporters Only Premium only Off Topic: Take a minute to appreciate Cookin' with Coolio's incredible scallops recipe. What a great book. Premium only Off Topic: Reading City of Glass in comic form "Where exactly am I going?" Premium only Off Topic: Il Buco is a transporting film about a really big hole Underlands. Off-Topic Netflix handled Sandman brilliantly It was Dreamy. 9 Buy things with globes on them And other lovely Eurogamer merch in our official store! Explore our store
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