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So...they aren't looking to be bought but a couple of big private equity firms are considering buying them? Is that what this means?
New management is not going to stop making GAAS and focus into SP experiences lol
good luck managing over 40 offices worldwide with 19k employees.
Idk, they have strong IPs. I don't know what Ubisoft is worth though.
lol I 100% believe Sony is going to avoid this and probably has no interest.
Ubisoft is up there as the worst pubs / devs in the industry at the moment.
So it's not surprising someone would swoop in and buy them when they are at their lowest point. But if that happens, those fuckers who caused abused throughout the company better get reprimanded, fired and do whatever to make the victims feel justice has been served.
- Employees getting sexually harrassed and upper management not doing SHIT (or they were doing it themselves)
- Creatively bankrupt, games follow same formulas with very rare exceptions
- they chase trends instead of trying to be the trend.
- Their stocks are drastically down compared to several years ago. Wonder why
- Investing in NFTs that literally <100 people want.
So it's not surprising someone would swoop in and buy them when they are at their lowest point. But if that happens, those fuckers who caused abused throughout the company better get reprimanded, fired and do whatever to make the victims feel justice has been served.
Of course not but they are keyword - cluessly -chasing trends. If you want to do that you need to be smarter or show some glimmer of innovation. Modern Ubisoft just loads shotgun with shit and sprays around it.
The article wasnt clear but the tone implied some interest from Ubisoft to engaing in M&A if the opportunity arises.
Don't think this will be a good outcome. :( Ubisoft creates a large amount of jobs. They generally don't outsource but rather in source. I fear that if anyone brings a drastic change in how the company operates, to justify their purchase, many people may lose their jobs.
Awful idea, lol. Ubisoft is ultra-bloat, much like their games. I can't imagine Sony having to manage that.
Also, is a private equity firm really a great result if Ubisoft is to be bought out? I honestly have no clue.
Vivendi tried a hostile takeover after having set bad blood with Gameloft, then run by Yves brother Michel.
They'll just scale it back a bit, and instead of making a sequel for the 2003 video game, Ubisoft will just publish a sequel to the 1886 novel from Nietzsche. Can't wait for some of that hard hitting moral philosophy.
The major benefit I could see (outside of their IP library) is their gargantuan development force in a time of talent shortages. Aside from the serious workplace toxicity & harassment, they have one of the lowest revenue per employee numbers in the industry i.e., inefficiently managed. It's the structural production and management issues that plague them.
Private equity firms are notorious for good management and ethical business practices, so I imagine an Ubisoft acquisition by Blackstone could go swimmingly
There is little surprise for me with this. Just earlier today they were valued at around 4 Billion dollars, obviously that wouldnt be the closing price for any such deal, but you can imagine Ubisoft would make that money back relatively quickly for anyone attempting to do so.
Couldn't they trim it down though?
Ubisoft has so many great IPs but they have been handled so poorly imo and part of that has been how much they've tied into MTX and engagement afterwards . If MS/Sony owned it some of the pressure to have pointless bloat and trinkets that bring the games down could be removed. So many of Ubi's games at the moment feels like they have so much extra bloat built in so that they can sell XP boosters etc. ; all the Ghost Recon games without that crap would be so much better imo.
I honestly would always take a publisher in the games industry with a history of development, over money hats and investment firms.
I'd rather have copium that the IP can be saved instead of being 100% that it will be use as a financial asset and merchandising score.
I'd rather have copium that the IP can be saved instead of being 100% that it will be use as a financial asset and merchandising score.
Honestly at this point my apathy of Ubi is so strong I can't care about the thought of even PV firms buying them.
I want someone to give them a huge shakeup from top to bottom; their output has gotten so utterly stale beyond belief
I want someone to give them a huge shakeup from top to bottom; their output has gotten so utterly stale beyond belief
Do you really want someone to buy Ubisoft and then fire thousands of people?
They could, but it would be great if a company buyout doesn't result in thousands of people losing their job.
If EA owns Codemasters and Ubisoft.... hell they might as well just release their own console.
Or more realistically, their own game streaming service.