Take me to Ubisoft: Who will buy the gaming giant?

by time news

The French gaming giant Ubisoft May be the next big acquisition story to hit the global gaming industry in the coming months, and no, Sony and Microsoft are not tied to the deal this time around. According to a report from Bloomberg In the weekend, Blackstone Inc. ו-Kohlberg Kravis Roberts & Co.

The two investment companies are among several private equity firms that have approached Ubisoft with the intention of acquiring the gaming company. As far as is known, Ubisoft is currently only conducting preliminary talks and has not entered into serious negotiations with any of the interested companies.

In February, Ubisoft CEO, Yves Gilmut, Stated that the company has what it takes to remain an independent gaming powerhouse. However, the company will consider all takeover bids for the benefit of its shareholders. Lubisoft, has a market value of about5.2 Billion after a disappointing 2021 in which stocks fell by almost 41% During the year. However, its trading shares rose at-13% Following talks on intent to sell.

over the last few years. While series Assassin’s Creed Continues to grow, and Valhalla was the first Ubisoft game to gross $ 1 billion in revenue, other franchises saw less success. The company found it difficult to address a number of its internal issues in 2020 regarding harassment of facts and toxic workplace culture. Its recent stance on NFTs has angered both the company’s development teams around the world and its devoted fans.

While this is just speculation so far, a bid to buy a company like Ubisoft may be about the same $ 7.5 billion that Microsoft paid to buy Zenimax, (Bethesda owners).

Microsoft then acquired the Activision Blizzard Earlier this year, although the deal has not yet been approved and is now being reviewed by the U.S. government. Shortly afterwards, Sony acquired the Bungie In the amount of $ 3.6 billion after previously acquiring a number of smaller studios with which she had ongoing relationships.

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