Following yesterday’s news about the postponement of Assassin’s Creed: Shadows until March 2025, there was a meeting with Ubisoft’s executives. During this discussion, they talked about Tencent’s acquisition of the company and the formation of a new strategic advisory group designed to aid in the company’s growth, given its current challenging circumstances, as per recent reports by journalist Tom Henderson.
New advisory team
As a passionate fan, I’d like to bring up a point that a few months ago, an inquiry began within a French company. Now, we’ve learned that this investigation led to significant actions being taken, focusing on delivering top-notch player experiences, enhancing operational efficiency, and maximizing value creation – all as stated by Yves Guillemot himself. To achieve these goals, a fresh team of advisors has been assembled.
With the addition of top-tier consultants, we’re aggressively investigating multiple profitable avenues for strategic and financial growth to maximize benefits for our shareholders. We firmly believe that there are numerous promising possibilities to create value for Ubisoft’s assets and intellectual properties.
In simpler terms, the CEO of Ubisoft mentioned that their advisory team is going to look into multiple strategic and financially beneficial options with a focus on maximizing returns for shareholders. Yet, he didn’t disclose specifics, only mentioning that the process will be supervised by independent board members.
Guillemot expresses optimism about the decision securing a robust future for the company over the next few years. Regrettably, he declined to disclose the specifics of the planned “strategic directions,” despite repeated inquiries.
We are limited in what we can say today.
No comment about Tencent
It’s fairly obvious that one possibility is Ubisoft being bought by Tencent, news of which emerged in October last year. However, the company has chosen not to discuss this matter publicly. The CFO, Frederick Duguet, has merely hinted that they will share information with the market if and when a transaction becomes reality. This suggests that while it’s not definitively ruled out, no deal has been finalized as of now.
Yves Guillemot was questioned about the latest collaboration between their company and Tencent, which is linked with the Chinese military. Once more, the CEO chose to remain silent, simply stating that he cannot provide a response regarding those statements.
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2025-01-10 14:31