Summary

  • Ubisoft has responded to reports of the Guillemot Family and Tencent considering a buyout to take the company private.
  • It did not deny or confirm the rumours, but did say that "It regularly reviews all its strategic options in the interest of stakeholders".

Last week, Bloomberg claimed that t𝔍he Guillemot Family and Chinese tech conglomerate Tencent are interested in buying out Ubisoft to take the company private.

While Ubiso꧙ft didn't deny or confirm the rumours, it did re෴spond to these reports in a statement to .

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"U♐bisoft has noted recent press speculation regarding potential interests around the company," the spokesperson said. "It regularly reviews all its strategic options in the interest of s🐼takeholders and will inform the market if and when appropriate.

"The ♛company reiterates that managemen🐼t is currently focused on executing its strategy, centered on two core verticals - open world adventures and [games as a service]-native experiences."

Ubisoft's Change In Strategy

The last couple of years haven't been kind to Ubisoft — 168澳洲幸运5开奖网:Star Wars: Outlaws flopped, 168澳洲幸运5开奖网:Skull & Bones was a disaster, 168澳洲🍸幸运5开奖网:XDefiant is struggling to find players, 168澳洲幸运5开奖网:Avatar: Frontiers of Pandora failed to make the same splash as the billion dollar franchise that spawned it, and Assas💛sin's Creed: Shadows was pushed ba🌳ck to next year.

With share prices plummeting to record lows, Ubisoft's executive comm🥃ittee and board of directors launched an investigation into the company "aimed at further improving our execution, notably in this player-centric approach, and accelerating our strategic path towards a higher performing model to the benefit of our stakeholders and shareholders."

Insiders have since claimed that Ubisoft's new plans include launching ten Assassin's Creed games in just five years. These will reportedly be "of various lengths and experiences", including mobile games such as Jade. There's also 168澳洲幸运5开奖网:the long-rumoured Black Flag remake, which is likely included in this line-up, as well as Codename Invictus which is 168澳洲幸运5开奖网:reportedly similar to Fall Guys.

Hedge fund AJ investment, which holds less than one percent of Ubisoft shares, also penn☂ed an open letter calling on management "to allow the sale of the company to thir♊d parties or private equity firms". 📖It claimed to have the support of ten percent of shareholders, proposing to "optimise" staffing levels, cut costs, and replace CEO 🀅Yves Guillemot. It did not reveal who backed the letter.

Ubisoft
Date Founded
March 28๊, 1986
CEO
♈ Yves Guillemot
Subsidiaries
🎃 Massive Entertainment, Ubisoft Paris, Ubisoft Quebec, Ubisoft San Francisco 💫
Headquarters
ไ Saint Mandé, France
Known For
𝓰 🙈 Rainbow Six, Prince of Persia, Far Cry, The Crew

Headquartered in Saint-Mandé, France, Ubisoft is a developer and publisher that employs over 20,000 people worldwide. It is known primarily for the Assassin's Creed, Rayman, Far Cry, and Just Dance series, as well as games using the Tom Clancy name. It also produces adaptations of popular board games, such as Monopoly and Uno.