With ongoing consolidation occurring within the gaming industry, rumours of a potential Ubisoft sale continue to persist. Although the most recent reports suggest that the company is looking to block potential takeovers with a partnership of their own, the latest report suggests that Ubisoft may in fact be holding off until its share price increases.
According to Dealreporter (via GameIndustry.biz), the Assassin's Creed publisher is looking for its share price to reach at €60 to €70 before it considers any kind of buyout. Looking at a best-case scenario, it's been suggested that a share price of €100 would be the optimum level due to its long-term prospects.
Ubisoft's share price currently sits at €48.30 at the time of writing. It has not hit €100 since July 27th, 2018, and last managed to reach the €60 it's currently striving for on July 7th, 2021. Despite this, its share price currently seems to be on a general upward trend, rising from a low of €34.56 on April 21st, 2022.
In its latest earnings report, Ubisoft confirmed that it's still planning on releasing the Switch exclusive Mario + Rabbids Sparks of Hope at some point before the end of FY2023 (that's March 31st, 2023), so there's yet hope that we may see its launch in 2022.
Do you think Ubisoft will wind up being taken over? Or do you reckon the Guillemot family with retain the reins of the publisher? Let us know!
[source gamesindustry.biz]
Comments 27
I haven't bough anything by Ubisoft for quite some time now and don't miss it. The only game I'll buy is Mario + Rabbids 2, probably. Otherwise, they lost quite a bit of relevance, if you ask me.
These developers should just go ahead and open an OnlyFans account, with the way their going on now.
It won't. This is ubisoft we're talking about and the economy around the world is going to hell in a handbasket.
I still purchasing Ubisoft games on NDS and 3DS.
Well... Imagine and Petz games. 😁
To do that they will have to significantly improve their output which will take a long time.
I’m amazed no investor has looked at the fact Activision, Bethesda, EA, Warner, Square Enix and Ubisoft (not to mention several developers) have been so keen to cash in at the beginning of a new generation. True, they made lot’s of cash last gen, but you wonder if the reason they’re all selling up is they can see the writing on the wall with development costs and worker rights and are walking away with a nice payoff and no worries.
It seems odd Ubisoft would want to sell now, more than anyone else. They avoided a hostile takeover at a much higher price just a few years ago. Plus French law says no foreign company can purchase a controlling interest in a domestic company.
Nintendo would be an obviously amazing suitor. Ubisoft would be able to tap into a ton of their own old IP as well as Nintendo’s as a 2nd party developer
Ubisoft has proven themselves from time to time that they are able to make Nintendo content without many hiccups. I hope Nintendo does not ignore this opportunity the same way they did with Rare. The Rare situation still hasn't improved to what's being desired
Their current market cap is $6bn share price is around $50...I thought they would be worth more than that?
So best case they want more than what Take Two paid for Zynga, it would also make them worth 1.5 Bethesda's?
Whoever buys Ubisoft, please do something more with the Rayman franchise! And you can let the Rabbids & Assasin's Creed games die
Ubi gets too much crap tbh. I'm a fan and their ubisoft connect thing is kind of neat in its own way. Had a blast with Immortals Fenyx Rising (way better than BoTW), Mario and Rabbids is pretty great and just picked up the Assassin's Creed Rebel Collection (one of the best looking games on the switch, excellent port handled with love).
Surprised their stock is so low actually as they do make quality games. Then again I never look into companies or care about their internal going ons. I'll still happily play/buy Activision games because I just honestly don't care about allegations of misconduct because well...a company can't harass people..only some bad seeds can and spoiler alert: people are generally crappy creatures.
@ItsOKToBeOK
It's OK to be wrong :
French law requires you to get the State's permission if you are outside the EU and wanna purchase more than 10% of a domestic company (it used to be 25% before the pandemic).
@SteamEngenius
Man you are so consistently wrong about things its almost parody level. Please rethink your take about companies harboring and defending and encouraging sexual predators, because they do those things. Its a "guns dont kill people, people kill people" kind of argument you are proposing and it's rotten.
You can buy what you want, but it definitely says alot about you whether you like it or not.
The last decent game Ubisoft made was zombie U
@ModdedInkling I'm not sure if Ubisoft's big selling IPs suit Nintendo's brand. Assassin's Creed, Tom Clancy and Fay Cry are their big IPs and rely heavily on online infrastructure and drawn-out continuity narratives. I'd love to see Nintendo revive Prince of Persia, Beyond Good and Evil and Red Steel, but I'm not sure if buying Ubisoft would make much sense for Nintendo.
I feel the same way as ubishyte. If my 2.4million Shiba coin could go higher before I sell them, I'd greatly appreciate it.
UbiSoft needs to buy EA and then had Take-Two buy them both.
Whatever happens I just hope the games improve. Too many open world type games from them lately chockablock with boring filler type content. Oh and please don't buy stuff from Companies when there are stories of serious misconduct going around, it really says a lot about you as a person when you just outright come out and say "I don't care"
Removed - unconstructive feedback
No lie, I don't understand stock stuff etc. Big wigs are are so much about greed.
@Wexter There's nothing stopping Ubisoft from doing what Squeenix just did and sell off some of their IP.
@Bomberman64 Now that could be interesting! It is rare for a Publisher to sell IPs on their own. It is why Bayonetta is still with Sega despite Nintendo having the publishing rights to Bayonetta 2, 3 and the option to publish future titles. I think what made Square Enix's situation interesting is they basically just sold Eidos and Crystal Dynamics. Outside of Tomb Raider (last title published 2018), most of their IPs were dormant like Deus Ex (last title 2016) and Legacy of Kain (2003) so Square Enix with their more Japanese development focus moving forward probably felt it was better to sell than hold onto these IPs and studios. Not sure if that was a good idea as Guardians of the Galaxy is doing very well and could get a boost in sales with the 3rd movie... not sure what Square was thinking here.
As for if Ubisoft will sell-off Prince of Persia, Red Steel and Rayman to Nintendo? I'm not sure if Ubisoft would do that as even on mobile Rayman is making them money and they have plans for the Prince.
One has to wonder who would be willing to acquire Ubisoft given how large they are (they employee ~20,000 people - more than Activision Blizzard + Xbox Games Studios + Bethesda combined).
@westman98 Most likely who ever buys them.... All of those support studios will get the axe, and the only thing will be actual studios.
@Floki
I'm not sure that's such a great idea. The reason why Ubisoft is able to pump out so many big open-world games back-to-back is because those support studios operate like factories. Axing all those support studios will severely reduce Ubisoft's software output and in turn make the company less valuable.
@westman98 All of those studio are nothing but bloat. Those studios are excatly why Ubisoft has some many issues. Way too many cooks in the kitchen. They also drive up operations cost which is probably why Ubisoft has to pump out endless open world game back to back. Closing up a couple satellite studios isn't gonna cause the value to drop as they still have a big enough staff at the main studios to continue development, and you can easily outsource the stuff the satellite studios did.
@Floki
If Ubisoft axed their support studios only to outsource those roles to other external developers, then nothing has really fundamentally changed.
The only way Ubisoft can effectively slim down their employee count is if they stopped producing big open world games, which is unlikely to happen anytime soon if ever.
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