Are Microsoft buying Ubisoft?

Microsoft could be acquiring Ubisoft in the coming months, that's at least according to a recent report. If true, this could be huge! Ubisoft is one of the biggest video game companies on the planet. It is the home of franchises such as Assassin's Creed, Far Cry, as well as Rainbow Six, and more.

Who bought Ubisoft?

Ubisoft CEO and co-founder Yves Guillemot said Tencent's increased stake was done to secure Ubisoft's value for the future. Martin Lau, president of Tencent, said this strengthened partnership will also bolster both companies' footprint in the mobile gaming market. Tech is not your friend. We are.

Does Xbox have a deal with Ubisoft?

According to True Achievements, the following games will be included with Ubisoft Plus on Xbox: Assassin's Creed Chronicles: China. Assassin's Creed Chronicles: India. Assassin's Creed Chronicles: Russia.

Who wants to buy Ubisoft?

Chinese gaming giant Tencent Holdings wants to buy more of Ubisoft, and even become its biggest single shareholder. A new report from Reuters reveals that Tencent, the largest social network and gaming company in China, revealed the news.

Is Microsoft Buying Cod?

Just over a year ago, Microsoft announced a $68.7 billion deal to buy Activision, the gaming giant behind the Call of Duty franchise, and many other popular titles.

IS UBISOFT GOING TO SELL TO MICROSOFT?!

Is Call of Duty leaving Xbox?

Appearing on The Verge's Decoder podcast(Opens in a new tab), Spencer took time to reiterate and emphasize, once and for all, that the blockbuster first-person shooter franchise will not become exclusive to Xbox at any point in the foreseeable future.

What gaming company is Microsoft buying?

The most recent proposed gaming studio acquisition by Microsoft is undoubtedly its most ambitious and controversial, with the company announcing its intentions to purchase Activision Blizzard for a staggering $68.7 billion in January 2022.

Are Ubisoft in trouble?

Its share price sank more than 38% in 2022, erasing 3 billion euros from the company's market value. Meanwhile, internal scandals have also haunted the company. Ubisoft underwent an executive shakeup in 2020 following reports of sexual harassment and abuse.

Why are people leaving Ubisoft?

Interviews with a dozen current and former Ubisoft developers cite a range of factors for the departures, including low pay, an abundance of competitive opportunities, frustration at the company's creative direction, and unease at Ubisoft's handling of a workplace misconduct scandal that flared in mid-2020.

Will Ubisoft be on Xbox?

Thus, we can say that the first games to come to Xbox consoles under the Ubisoft + service have been announced. Among the productions announced so far are 24 Ubisoft games with the Ubisoft+ tag, including Assassin's Creed Valhalla, Far Cry 6 and Riders Republic.

How much will Ubisoft plus be on Xbox?

Like Game Pass or EA Play, Ubisoft Plus provides you with access to a curated selection of Ubisoft's top titles. For $15 a month, you can play as much Assassin's Creed Valhalla, Far Cry 6, or Trackmania as your thumbs can handle.

Is Ubisoft PlayStation exclusive?

The subscription service is currently available on PC, Stadia, and Amazon Luna, offering players day-one releases, classic games, and premium editions, and ultimately will be available on PlayStation and Xbox.

What's going on with Ubisoft?

Ubisoft's Project Q has now been reportedly cancelled. The PvP battle arena game was announced less than a year ago in April 2022. They've already delayed Skull and Bones six times now and the recent comments by CEO Yves Guillemot haven't helped.

Is Sony buying Ubisoft?

Sony could certainly buy Ubisoft, but it seems rather unlikely at this stage. According to anonymous sources speaking with Bloomberg, multiple private equity firms have been studying Ubisoft and considering their options for a potential purchase, but Ubisoft hasn't entered any serious negotiations.

Why Ubisoft is struggling?

For the past few years, Ubisoft has been consistently plagued by internal issues involving alleged misconduct at the highest levels and struggles to grow company sales and live services beyond breadwinners like its “Assassin's Creed” franchise and “Tom Clancy's Rainbow Six Siege.”

How is Ubisoft doing financially?

Ubisoft shares are down roughly 25% year-to-date, on top of an almost 40% drop in 2022. The maker of the Assassin's Creed franchise reported on Thursday net bookings of 726.9 million euros ($776.2 million) in its third quarter to the end of December, in line with its forecast.

Why is Ubisoft shutting down games?

Players will lose access to even purchased DLC. 1 September 2022 Ubisoft is suspending online services for 15 older games (2009-2013) to focus resources on supporting and developing newer and more popular games.

Why is Ubisoft price falling?

Late on Wednesday, Ubisoft said that it was increasing its writedown estimate to 500 million euros ($538 million) from 400 million and cutting its full-year revenue target after ending 2022 with weaker-than-expected sales. Ubisoft cited the deteriorating economy, marked by lower spending on non-essential goods.

Is Ubisoft removing games from Steam?

And Anno 1800 is actually coming back to Steam after previously having been removed — it's from 2019. But it's no secret that Ubisoft pulled games from Steam to make them exclusive to the Epic Games Store instead, which famously gave publishers millions to attract games to that rival platform.

Is Ubisoft a Russian company?

Ubisoft Entertainment SA is a French company specializing in the development and publishing of computer games.

What is the largest takeover ever?

1. Vodafone and Mannesmann (1999) - $202.8B. As of November 2022, the largest acquisitions ever made was the takeover of Mannesmann by Vodafone occurred in 2000, and was worth ~$203 billion. Vodafone, a mobile operator based in the United Kingdom, acquired Mannesmann, a German-owned industrial conglomerate company.

Will Microsoft acquire Blizzard?

Xbox announced via its official Xbox Wire site that it would acquire Activision Blizzard for $68.7 billion. All Activision Blizzard studios which include Blizzard but also Call of Duty developers like Infinity Ward and Sledgehammer would report to Xbox head Phil Spencer.

What will Microsoft do with Blizzard?

Upon completion of the deal, Activision Blizzard would be a sibling entity to Xbox Game Studios under a new Microsoft Gaming division with Phil Spencer as its lead. The deal would also allow Microsoft to offer Activision Blizzard games on its Xbox Game Pass service.