Ubisoft Listed For Sale To Private Equity Firm Despite Significant Game Delays

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The editor behind Assassin’s Creed, Far cryand just dance could be the next major acquisition in the world of video games. Reports from Bloomberg and Kotaku suggested that several private equity firms surround the company. Additionally, senior Ubisoft officials are said to be preparing things for a potential sale in light of ongoing development difficulties.

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One of the main reasons for Ubisoft’s struggles has to do with its next line of heavyweights, many of which seem to be further away than the company would like. The next entries for Far cry, Ghost Recognitionand Assassin’s Creed have all experienced significant delays, to the point where Ubisoft is supposed to create DLC from Assassin’s Creed: Walhalla as a stand-alone experience to fill a gap in their schedule.

Those who have followed Ubisoft for more than a few years will recall that the company avoided a hostile takeover of Vivendi in 2018. Since then, the 35-year-old publisher has suffered from a wave of senior executive departures and the problems of production already mentioned with some of its biggest titles to come. These key issues and a declining stock price can be seen as the continuing ramifications of allegations of corporate sexual misconduct that began in the summer of 2020.

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Ubisoft representatives responded to Kotaku when asked about the rumors, saying they don’t comment on speculation before commenting on their appeal as a game-making entity. “We … have one of the industry’s most comprehensive and diverse portfolios of cutting-edge services and technologies, and a large and growing community of engaged players. As a result, we are uniquely positioned to capitalize on the rapid industry growth and platform opportunities that are emerging right now. While a company acquiring Ubisoft might have seemed like a stretch just a few years ago, huge financial deals like Microsoft’s acquisition of Activision-Blizzard have redefined what’s possible in the industry, and it seems like no independent entity is truly safe.

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