Yves guillemot, CEO of Ubisoft, recently commented on the speculation that the company may be acquired. The well-known French game company has delayed the release of a large number of products in the past few years and its reputation has been damaged by misconduct scandals in the workplace. In recent months, with the increasing trend of integration in the game industry, the company has become the object of many speculations.
Last month, it was reported that the company behind the rainbow 6 and the island series attracted the acquisition interest of several private equity companies, including Blackstone Inc. and KKR & amp; Co.。
Last week, it was reported that the guillemot family, the founder of Ubisoft, was considering a partnership with a private equity company to acquire Ubisoft.
At Ubisoft's annual earnings conference call on Wednesday, CEO guillemot said: "there are a lot of discussions about integration in the industry, especially Ubisoft."
"Our overall position is clear and well known. As we said last February, we have everything we need to remain independent. We have talent, industrial and financial scale, and a strong IP portfolio that can create great value in the coming years.
"It provides us with plans to establish strategic partnerships with major companies in the entertainment and technology fields. The current speculation gives us a clear picture of the real attraction and value of our assets and our value creation potential."
"As mentioned earlier, as a listed company, our board of directors should consider the interests of all shareholders and our excellent team, which is the best practice."
Guillemot said he would not comment further on the issue for the rest of the conference call.
M & A activities in the game industry reached a record $85 billion in 2021 and are expected to reach $150 billion this year. Large transactions such as Microsoft's acquisition of Activision Blizzard and take two's acquisition of Zynga have been announced in 2022.
At the recent revenue conference call, Ubisoft also provided the latest news of its product launch plans, including paid games Avatar: Pandora border, Mario + Crazy Rabbit: the wish of star glory and blue sea and black sail.