“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!

Dragon’s Dogma 2, Devil May Cry 5 Director Joins Tencent’s LightSpeed Studios

Dragon’s Dogma 2, Devil May Cry 5 Director Joins Tencent’s LightSpeed Studios

Former Capcom veteran Hideaki Itsuno will lead LightSpeed Japan Studio, which will be focused on developing AA...

Steam Deck OLED: Limited Edition White Unveiled, Coming November 18

Steam Deck OLED: Limited Edition White Unveiled, Coming November 18

The limited edition model will have the same specs as the 1TB OLED version of the device, and will also come w...

S.T.A.L.K.E.R. 2: Heart of Chornobyl Pre-Loading Now Live on Xbox Series X/S, Requires Over 147 GB

S.T.A.L.K.E.R. 2: Heart of Chornobyl Pre-Loading Now Live on Xbox Series X/S, Requires Over 147 GB

GSC Game World's long-awaited open world first-person shooter is set to launch for Xbox Series X/S and PC on N...

Dragon Age: The Veilguard’s UK Sales Similar to Dragon’s Dogma 2, Final Fantasy 7 Rebirth

Dragon Age: The Veilguard’s UK Sales Similar to Dragon’s Dogma 2, Final Fantasy 7 Rebirth

GamesIndustry's Christopher Dring noted that they're "a little less", though not far off, from Massive's Star ...

Mario and Luigi: Brothership’s Physical UK Launch Sales Are Lower Than Super Mario RPG and Paper Mario: The Thousand-Year Door

Mario and Luigi: Brothership’s Physical UK Launch Sales Are Lower Than Super Mario RPG and Paper Mario: The Thousand-Year Door

The newly-released turn-based RPG debuted at No. 3 in the latest weekly physical UK charts, but failed to sell...

Overwatch: Classic Announced – Limited-Time Mode Coming to Overwatch 2 on November 12

Overwatch: Classic Announced – Limited-Time Mode Coming to Overwatch 2 on November 12

The hero shooter's original incarnation will be available in a separate mode, complete with the original 21 he...