Rumor: Ubisoft Acquisition Possibly in the Works After Tanked Stocks & Other Issues

ubisoft acquisition

According to a report from Bloomberg, Ubisoft is apparently being readied for acquisition amidst tanking stock numbers and numerous other issues, including development problems and its recent controversies with NFTs. As per the report, two huge private equity firms are looking to acquire the Assassin’s Creed publisher, although no serious talks have yet been held.

Blackstone and KKR & Co., the two biggest private equity firms in the world, have apparently experessed interest in the Ubisoft acquisition, with both firms “studying the French business.” In an additional report from Kotaku, various sources stated that Ubisoft has been working with various outside consultancy firms to audit the many parts of its business. Usually, this points towards more profitability in the future for a company, Kotaku’s sources say that this is Ubisoft tidying up its books for a potential sale.

While at the time of writing still unconfirmed, Ubisoft is still continuing to develop future titles. Just yesterday, the publisher announced that they are working on a team battle arena game called Project Q, with Ubisoft clarifying that this is not a battle royale nor will it have NFTs. The clarification is most likely a preemptive move to appease players; the publisher received a ton of flak for announcing Ghost Recon Frontline, which is a battle royale, and for implementing NFTs in Ghost Recon Breakpoint.

As is the case with everything unconfirmed, take this one with a grain of salt until officially confirmed.

Source: Bloomberg

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