Ubisoft Becomes The Acquisition Target Of Two World's Largest Private Companies

Ubisoft becomes the target of acquisition of large companies (Photo: Unsplash)

JAKARTA - Ubisoft is reportedly being targeted by the world's largest private companies, Blackstone Inc and KKR & Co., according to an anonymous report to Bloomberg, quoted Tuesday, April 26.

Ubisoft has not entered into serious negotiations with these companies. According to a Kotaku source, Ubisoft has worked closely with several outside consulting firms in recent years to audit various parts of its business.

Ubisoft, led by CEO Yves Guillemot, fought and ultimately won against a takeover attempt by French entertainment powerhouse Vivendi in 2018, and the Guillemot family still holds the largest stake in the company at 15 percent.

Acquiring developers has been a key strategy for game industry giants such as Grand Theft Auto publisher Take-Two buying Zynga, Sony buying Bungie, and Microsoft's $69 billion deal to absorb Activision.

For your information, Ubisoft recently announced that the upcoming team battle arena game Project Q is not a battle royale game nor does it have NFT.

Additionally, there have been leaks regarding details of the VR-exclusive Assassin's Creed series franchise Assassin's Creed Nexus with new stealth, new missions, and more.

The game will reportedly have a total of 16 missions, which will also include tutorials, missions involving combat, stealth, pickpocketing, climbing, and more.