New details on Ubisoft’s possible future have emerged. The French publisher is reportedly in talks to establish a new entity that will include some of its core franchises.
Report: Ubisoft asking investors for pre-bids to acquire minority stake in new venture including its core IPs like Assassin’s Creed
- As people familiar with the matter told Bloomberg, Ubisoft is looking for investors to acquire a minority stake in a potential new venture that will include IPs like Assasin’s Creed.
- This is in line with previous reports from early January that detailed talks about a potential corporate spin-off, with the Guillemot family discussing what assets and studios could be included in the new entity.
- According to a new Bloomberg report, Ubisoft has reached out to Tencent, as well as funds from France and around the world, asking them to make preliminary bids by the end of March.
- Sources also told publication that the publisher “may seek a valuation for the yet-to-be formed IP unit that is higher than the size of the main company’s.” Ubisoft currently has a market cap of €1.7 billion, down 32% year-over-year.
- It is worth noting that no final decision has been made yet. Ubisoft and its investors will likely wait until the launch of Assassin’s Creed Shadows on March 20 to decide on the company’s future. Previous reports named a company buyout among potential options considered by the Guillemot family and Tencent.
In January, Ubisoft confirmed that it was taking “decisive steps” to reshape the company. In the third quarter ended December 31, 2024, the publisher recorded a 51.8% decline in net bookings, also saying that it continues to review various transformational strategic and capitalistic options.
