“We Have Everything We Need to Remain Independent” – Ubisoft CEO

"We have the talent, the industrial and the financial scale, and a large portfolio of powerful IPs to create massive value in the coming years," says Ubisoft's Yves Guillemot.

Posted By | On 12th, May. 2022

ubisoftlogo

The acquisitions race has heated up to the extent that even the big third party publishers out there look ripe for the plucking. Microsoft has gobbled up Bethesda and will be finalizing its acquisition of Activision Blizzard by summer next year. Square Enix just sold off the bulk of its western business to the Embracer Group. Leaks about WB Games being sold off piecemeal refuse to go away.

Another name that’s been linked with acquisition reports heavily is Ubisoft, a company that, much like Activision, has been in hot water for some time now, and as such, looks like a prime candidate for acquisition by one of the bigger companies. But according to Ubisoft itself, there’s no real danger of that happening.

In the company’s recent quarterly earnings call (via PC Gamer), CEO Yves Guillemot stressed that Ubisoft has everything it needs to retain its independence.

There has been a lot of talk around consolidation in the industry, and Ubisoft in particular,” he said. “Our overall position is clear and well known: As we said last February, we have everything we need to remain independent. We have the talent, the industrial and the financial scale, and a large portfolio of powerful IPs to create massive value in the coming years.”

If anything, Guillemot says incessant reports about Ubisoft being up for acquisition are only serving to “put in plain sight the real appeal and value of our assets and our value creation potential.”

Additionally, echoing similar recent statements, he has also said that as a publicly traded company, if Ubisoft should get a buyout offer, it will be “standard practice” for it to review and consider the offer.

“I’ve mentioned before, as a publicly listed company, it is standard practice for our board to review any offer in the interest of all shareholders and of our creative teams,” Guillemot said.

A recent report claimed that Ubisoft was considering partnering with a private equity firm in order to block any potential takeover bids in the future. Read more on that through here.


Tagged With:

Amazing Articles You Might Want To Check Out!



Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Call of Duty: Warzone 2’s Full Map Has Leaked – Rumour

Call of Duty: Warzone 2’s Full Map Has Leaked – Rumour

Prominent insider Tom Henderson has provided a rough recreation of what will supposedly be the map in the upco...

V Rising Sells Over 1 Million Units, Adds Offline Mode

V Rising Sells Over 1 Million Units, Adds Offline Mode

V Rising has sold a million copies since its early access launch a week ago. Developer Stunlock Studios has al...

Dune: Spice Wars Roadmap Revealed, Multiplayer Coming This Summer

Dune: Spice Wars Roadmap Revealed, Multiplayer Coming This Summer

Free-for-all and co-op for up to four players will be possible. A brand-new faction and victory condition are ...

PS5 Pro and New Xbox Series X/S Launching in 2023/2024, According to TCL Technology

PS5 Pro and New Xbox Series X/S Launching in 2023/2024, According to TCL Technology

Both consoles will be capable of rendering at 60-120 FPS at 2160p resolution and outputting in UHD-8K, as per ...

No Man’s Sky – Leviathan Expedition is Now Live, Adds Rogue-Like Time Loop Story

No Man’s Sky – Leviathan Expedition is Now Live, Adds Rogue-Like Time Loop Story

Explore the universe and gather Memory Fragments with each death resetting the loop. Rewards include a special...

Replaced Delayed to 2023

Replaced Delayed to 2023

The ongoing conflict in Ukraine has resulted in development being affected. Part of the team has relocated wit...