• News

  • TV & Film

  • PlayStation

  • Xbox

  • Nintendo

  • PC

  • Reviews

  • News

  • TV & Film

  • PlayStation

  • Xbox

  • Nintendo

  • PC

  • Reviews

  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
YouTube
Threads
Submit Your Content
Ubisoft is trying to get acquired but 'mostly gets laughed at', says insider

Home> News

Published 10:47 12 Jan 2023 GMT

Ubisoft is trying to get acquired but 'mostly gets laughed at', says insider

Despite having a tough financial year, Ubisoft are hoping to be the next company snapped up in an acquisition.

Kate Harrold

Kate Harrold

It’s unfortunate, but Ubisoft hasn’t had a great year. They’ve got several exciting titles on the horizon including Avatar: Frontiers of Pandora and Assassin’s Creed Mirage, but most of their 2022 releases failed to hit the mark.

With a Game Awards win for ‘Best Sim/Strategy Game,’ Mario + Rabbids Sparks of Hope was perhaps Ubisoft’s biggest success of the year. In failing to make a major impact though, Ubisoft are facing a yearly loss in excess of $500 million which has forced them to cancel three unannounced games. It’s also been revealed that Skull and Bones has been delayed for a sixth time. It’ll be a miracle if that game ever sees the light of day. Despite this, Ubisoft is hoping to get acquired but that too just really isn’t going well.

Check out the trailer for Assassin’s Creed Mirage below.

Acquisitions are all the rage right now. We’ve all heard about Microsoft’s attempt to acquire Activision which continues to face scrutiny - and a lawsuit from the FTC. Ubisoft are hoping that someone will want to snap them up too according to industry insider Jeff Grub. It’s not going to plan though. In fact, Grubb claims that Ubisoft “mostly gets laughed at.”

“Ubisoft definitely already did the rounds proposing acquisitions and mergers with other similar companies, and it mostly got laughed at,” Grubb wrote on Twitter. “It's just too unwieldy. Its strength was its distributed development structure, and now that is an albatross.”

Advert

He continued, “I hope it tries to ride it out because I think it might hold onto more people than if it tried to ‘slim down’ for an M&A. Either way, though, it seems grim. Making games is a rough business.” No pressure AC Mirage and Avatar: Frontiers of Pandora, but there’s a lot riding on your success.

Featured Image Credit: Ubisoft

Topics: Ubisoft

Advert

Advert

Advert

Choose your content:

2 hours ago
3 hours ago
8 hours ago
9 hours ago
  • 2 hours ago

    Steam Gorgeous New Free Game Has 'Overwhelmingly Positive' Reviews

    They fly now?

    News
  • 3 hours ago

    PlayStation Plus Gamers Urged To Claim Jumbo Batch of Freebies While They Still Can

    You don't have long to grab these before they permanently disappear

    News
  • 8 hours ago

    Red Dead Redemption 2 Players Just Realising We've Been Fishing Wrong for Years

    Never cast out new ideas

    News
  • 9 hours ago

    Steam Adds 7 Huge New Free Games, Yours to Keep Forever

    A couple of them also look good, surprisingly

    News
  • Ubisoft 2024 release to shut down after just 1 year
  • Splinter Cell Blacklist remaster coming, says insider
  • Assassin’s Creed Shadows officially delayed to 2025, Ubisoft confirms
  • Ubisoft is finally developing The Crew 3, says insider