Ubisoft responds to rumors about Tencent’s potential buyout

Star Wars Outlaws sold fewer copies than expected. | Image: Ubisoft Ubisoft is addressing rumors that Tencent is exploring a buyout of the French game publisher — though it isn’t saying much right now. In a statement on Monday, Ubisoft said it “regularly reviews all its strategic options in the interest of its stakeholders and will inform the market if and when appropriate.”

The statement follows an earlier report from Bloomberg, which says the Chinese gaming giant Tencent and the Guillemot family, who founded Ubisoft, are looking into ways to “stabilize Ubisoft and bolster its value.” Ubisoft shares dived 19 percent last month following news that it’s delaying the launch of Assasins’s Creed Shadows and reported lower-than-expected Star Wars Outlaws sales.

One of the options Ubisoft is considering is…

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

Join the Underground

a vibrant community where every pixel can be the difference between victory and defeat.

Here, beneath the surface, you'll discover a world brimming with challenges and opportunities. Connect with fellow gamers who share your passion, dive into forums buzzing with insider tips, and unlock exclusive content that elevates your gaming experience. The Underground isn't just a place—it's your new battleground. Are you ready to leave your mark? Join us now and transform your gaming journey into a saga of triumphs.