Ubisoft, the renowned French publishing powerhouse, is taking a proactive step in shaping its future by enlisting the help of advisors.
In a recent update to investors, the company shared that it’s seeking expert advice to explore its options for boosting shareholder value. This move comes after a minority shareholder pushed for either a sale or a transition to a private company. Consequently, rumors have swirled that the Guillemot Brothers and Tencent are considering a buyout, with the Chinese tech giant possibly eyeing a larger stake in Ubisoft.
Yves Guillemot, Ubisoft’s CEO and co-founder, expressed optimism about the company’s direction. “We’ve made significant strides in our strategic and execution assessments over the past few months and are confident that this will set Ubisoft up for a brighter future,” Guillemot stated.
He went on to explain, “We’ve taken bold actions to reorganize the Group, aiming to deliver top-notch experiences for players, boost operational efficiency, and maximize value creation. We’ve also brought on board leading advisors and are actively considering several strategic and financial avenues to fully realize the value potential of our assets. We firmly believe there are many paths to unlock the value of Ubisoft’s franchises and resources.”
In addition, Ubisoft has announced another delay for Assassin’s Creed Shadows. Fans can now expect the next chapter of the series to hit the shelves on March 20th.
