Ubisoft’s recent few years haven’t been the greatest. Earlier this past month, we saw its share price plummet to its lowest in over a decade. We’ve also reported on the company’s struggles, which leaves us wondering what the future holds for Ubisoft.
A new report from Bloomberg suggests that Guillemot and Tencent are considering a buyout. It’s all a push to help stabilize Ubisoft, but there’s nothing official at the moment on whether this is actually the case. Bloomberg is quoting sources familiar with the matter, and we’re learning that Ubisoft has a few options in the works. For instance, one possibility noted in the publication is teaming up to take the company private.
We already mentioned earlier this past month that Ubisoft’s AJ Investments shareholder supported selling off Ubisoft. Unfortunately, we haven’t seen any comments yet from either Ubisoft or Tencent about the matter. But with the share prices falling and their less-than-stellar games being released, it’s clear something needs to change.
If you don’t recall, Ubisoft also recently delayed its next big game release, Assassin’s Creed Shadows, to next year. That came after Ubisoft admitted that their previous release, Star Wars Outlaws, hit below sales expectations.
Of course, Ubisoft has since been pushing to turn things around for Star Wars Outlaws. As for Assassin’s Creed Shadows, this is a game project that even developers reportedly were pushing to get delayed. It seems the team was not confident that the title would be ready for public release. If this report is to be believed, the developers who are working on Assassin’s Creed Shadows wanted to delay the game months ago, and it only happened due to the poorly received release of Star Wars Outlaws. So, we’ll have to wait and see what happens to Ubisoft as we progress through the remainder of this year.
