Who tried to buy Ubisoft?

Attempted takeover by Vivendi (2015–2018)

Vivendi, in two actions during October 2015, bought shares in Ubisoft stock, giving them a 10.4% stake in Ubisoft, an action that Yves Guillemot considered "unwelcome" and feared a hostile takeover.

Who owns the majority of Ubisoft?

Currently, 80 percent of Ubisoft shares are publicly owned. 15 percent are owned by the Guillemots, who are the company's largest single shareholders. Tencent owns the remaining five.

Is Ubisoft own by EA?

After acquiring a 19.9% stake in France-based Ubisoft in 2004, EA sold a remaining 14.8% stake in it in 2010. Each acquisition listed is for the entire company, unless otherwise noted. The acquisition date listed is the date of the agreement between Electronic Arts (EA) and the subject of the acquisition.

What is the Ubisoft company controversy?

Ubisoft underwent an executive shakeup in 2020 following reports of sexual harassment and abuse. Numerous leaders stepped down, including former chief creative director Serge Hascoet.

What is happening to 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.

What The HELL IS Happening With Ubisoft?

Why are so many 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.

Why is Ubisoft falling?

The company, which is best known as the publisher of hit franchises including Assassin's Creed and Far Cry, cited poor performance of its Mario + Rabbids Sparks of Hope and Just Dance 2023 titles, as well as a challenging economic environment.

How many people left Ubisoft?

Five of the top 25 credited people who worked on 2021's Far Cry 6 have already left Ubisoft and 12 of the top 50 people who worked on 2020's Assassin's Creed Valhalla have left as well. Ubisoft's Montreal and Toronto studios have also each seen at least 60 employees leave in the last six months.

Is Ubisoft in financial trouble?

Overall, Ubisoft projects about $537 million in losses for its current fiscal year, which concludes in March 2023.

What is Ubisoft's best selling game?

Is Ubisoft a good company?

Out of 157 Ubisoft employee reviews, 76% were positive. The remaining 24% were constructive reviews with the goal of helping Ubisoft improve their work culture. The HR team, with 92% positive reviews, reports the best experience at Ubisoft compared to all other departments at the company.

Will Tencent buy Ubisoft?

Tencent will finally not buy Ubisoft but will invest 300 million euros in the company.

Will Tencent take over Ubisoft?

Tencent has increased its stake in French games maker Ubisoft, the company behind popular franchises like Assassin's Creed. But analysts said this has effectively closed the door on a full takeover of the company.

Is Ubisoft bigger than Rockstar?

Rockstar Games's brand is ranked #27 in the list of Global Top 100 Brands, as rated by customers of Rockstar Games. Their current valuation is $20.75B. Ubisoft's brand is ranked #80 in the list of Global Top 100 Brands, as rated by customers of Ubisoft.

Is Ubisoft bigger than Activision?

Activision's brand is ranked #157 in the list of Global Top 1000 Brands, as rated by customers of Activision. Their current market cap is $74.02B. Ubisoft's brand is ranked #80 in the list of Global Top 100 Brands, as rated by customers of Ubisoft.

What 4 games did Ubisoft cancel?

Two of the cancelations were unannounced games

What is this? As reported by Axios' Stephen Totilo, Ubisoft told investors that it canceled the development of Splinter Cell VR, Ghost Recon Frontline, and two unannounced games. Splinter Cell VR might seem like a hazy memory at this point.

What is Ubisoft's biggest game franchise?

Far Cry 5 has managed to achieve sales of more than 25 million copies to date and makes this 2021-released game as the best-selling game from Ubisoft.

How much debt is Ubisoft in?

Total debt on the balance sheet as of September 2022 : $2.16 B. According to Ubisoft's latest financial reports the company's total debt is $2.16 B. A company's total debt is the sum of all current and non-current debts.

Is Ubisoft moving back to Steam?

Ubisoft games is returning to Steam after a three-year absence, beginning with the upcoming release of Assassin's Creed Valhalla on the storefront.

Is Ubisoft going broke?

Based on the latest financial disclosure, Ubisoft Entertainment has a Probability Of Bankruptcy of 41.0%. This is 20.57% lower than that of the Communication Services sector and significantly higher than that of the Electronic Gaming & Multimedia industry.

Why is Tencent buying everything?

Tencent is allegedly shifting its M&A strategy to "aggressively" focus on "buying majority stakes mainly in overseas gaming companies." As reported by Reuters, this change is in part due to Tencent's attempt to battle the slowing growth in its home country of China.

How much is Ubisoft worth now?

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. UbiSoft Entertainment net worth as of April 10, 2023 is $3.21B.

Is Ubisoft in Russia?

The company established a subsidiary in Moscow in October 2014 to strengthen its positions in Russia.