A new report from Kotaku, based on testimonials from developers and former employees of Ubisoftfurther feeds rumors about a possible acquisition of the French company by private equity firms. The article also talks about how the work on the next ones Far Cry, Ghost Recon and Assassin’s Creed are progressing slowly with respect to plans.
For the uninitiated, Blooberg released a report yesterday stating that Ubisoft is attracting the attention of various companies, including Blackstone Inc. and KKR & Co., which are starting to study the company before eventually advancing. offers.
Kotaku sources basically confirm these rumors and added that Ubisoft has been partnering with several outside consulting firms to manage various parts of their businesses in recent years. In many cases this practice is adopted to make a business more profitable, but according to Kotaku’s sources, Ubisoft’s goal in this case is to tidying up his books for a potential sale.
In 2018, CEO Yves Guillemot rejected Vivendi’s hostile takeover by securing funds from Tencent and other companies. But some Kotaku sources who work or have worked at Ubisoft say that after a 35-year career Guillemot has been looking for an “emergency exit” from the gaming business, since his son Charlie left the company last year.
Kotaku adds that currently Ubisoft also has to contend with problems with the staffwith several senior talents leaving the company, workplace disputes emerged in 2020 and problems with developing large triple A projects.
Bloomberg’s report is cited that the next Assassin’s Creed actually originates from a Valhalla DLC and will be used as a “stopgap”. Meanwhile, Kotaku sources say development for the next Assassin’s Creed, Far Cry and Ghost Recon is progressing. slowly compared to the original plans of the company.
When asked about the matter by Kotaku, a Ubisoft spokesperson commented:
“We do not comment on rumors or speculations. Ubisoft has unmatched creative and productive capabilities, with over 20,000 talented people collaborating across our global game development studios. Thanks to them and our long-term approach and desire to take creative risks, we have built some of the strongest proprietary brands in the industry and have many promising new brands and projects on the horizon. We also have one of the largest and most diverse portfolios in the industry, cutting-edge services and technologies, and a large and growing community. As a result, we are ideally placed to take advantage of the rapid industry growth and platform opportunities that are emerging right now.”
We will therefore see the next market movements. Clearly, the acquisition of Ubisoft could drastically change the balance of the current gaming industry.
Staying on the subject, today the French company officially announced Project Q, a new multiplayer PvP game.
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