June 18, 2024

Ubisoft is ready to evaluate purchase offers • Eurogamer.pt

1 min read
Ubisoft is ready to evaluate purchase offers • Eurogamer.pt

But she managed to remain independent.

Ubisoft has told its investors that it can remain independent, but will consider takeover offers.

At a time when buyouts and mergers in the video game industry are becoming increasingly common and lucrative, it has become commonplace to think that all companies will be bought out at any moment and CEOs are being asked about the possibility.

Yves Guillemot, CEO of Ubisoft, assured investors that he can keep the company independent, especially because they will continue to release their games on different platforms, something they all need, but will accept any interest in selling as they always will. It must take into account the interests of investors.

“We always make decisions for the benefit of those who take our risks, our employees, our players and our stakeholders. Ubisoft can remain independent, we have the talent, the financial scope and a large catalog of intellectual property.”

“However, if there is an offer to buy us, the board will obviously look into the matter for everyone’s benefit.”

Frederic Doggett from the Department of Finance added that they are not interested in revealing whether they have already been contacted, and if they haven’t already, why not yet.

Ubisoft is so confident in its catalog and creative talent that it manages to move forward completely independently, but it is always on the lookout for possible opportunities.

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