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Ubisoft Confident It Can Remain Independent Amidst Industry Acquisitions


If you happen to’ve been listening to the online game business as of late, you probably already know that 2022 has to this point been outlined by one phrase: acquisitions. 

It began with Take-Two Interactive, the mum or dad firm behind the Grand Theft Auto sequence, asserting again in January that it was buying cellular large Zynga for almost $13 billion. Then, per week later, Microsoft introduced that it was buying Activision Blizzard, the corporate behind Overwatch and Name of Responsibility, for a colossal $68.7 billion, after which two weeks later, Sony revealed it was shopping for Bungie, the developer behind Future 2, for $3.6 billion. 

Amidst all of this, analysts and followers alike have speculated about different doable acquisitions which may occur and names like EA and Ubisoft have been on the heart of these discussions. Nonetheless, Ubisoft boss Yves Guillemot, who’s navigating company-wide accusations of office misconduct and extra, stated in a quarterly earnings name yesterday that the corporate is assured it may well stay impartial. 

We now have all the time taken our selections within the curiosity of our stakeholders, that are our gamers, workers, and shareholders,” Guillemot stated, as reported by Eurogamer. “So Ubisoft can stay impartial. We now have the expertise, the economic and monetary scale, and a big portfolio of highly effective IP.” 

Guillemot doesn’t rule out the potential of Ubisoft being acquired by one other firm, although. 

“Having stated that, if there have been a proposal to purchase us, the board of administrators would after all overview it within the curiosity of all stakeholders,” he stated. 

Much like Microsoft’s acquisition of Activision Blizzard and what’s to return of that, any firm that theoretically acquires Ubisoft can be taking up a mountain of worker exoduses, office misconduct accusations, and extra. 

For extra on that, take a look at this December report about an ongoing exodus of workers taking place inside Ubisoft. This report comes after a summer time the place workers have been left sad with Ubisoft administration and its dealing with of inside scandals. Again in July, a brand new report revealed that many Ubisoft workers have been sad with how management dealt with “Me Too” and in October of 2020, a report revealed that 25 p.c of Ubisoft workers skilled or witnessed office misconduct. 

[Source: Eurogamer]

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