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Ubisoft tried to get acquired but was laughed at, according to Jeff Grubb

Aroged by Aroged
January 11, 2023
in Games
Ubisoft tried to get acquired but was laughed at, according to Jeff Grubb
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Ubisoft it’s not having the best of times: in its latest financial report, the French company has revealed a worrying scenario in which games like Mario + Rabbids Sparsk of Hope have sold less than expected, some productions have been canceled and others postponed.

In the past there have been rumors of a possible acquisition with which Ubisoft could have put a patch on the financial problems the company is inexorably facing, and which during the Christmas holidays it sharpened even more due to sales below forecasts.

In a recent financial report, CEO Yves Guillemot said he was open to consider any takeover or merger offers by other companies, and according to Jeff Grubb there is no shortage of background in this area. According to what the well-known video game insider and journalist declares in a recent tweet, Ubisoft has actually proposed to be acquired, but apparently “she was laughed at” from the companies with which it has come into contact.

“Surely Ubisoft has already made the rounds proposing acquisitions and mergers with other similar companiesbut was mostly laughed at. It’s just too bulky. Its strength was its distributed development structure, and now it’s an albatross”, are the statements of Grubb who refers to the considerable size of Ubisoft, a company that over the years has grown considerably in its size and which today has dozens of studies around the world.

Grubb sees a gray future for Ubisoft and the fact that Skull & Bones has been postponed yet again does nothing but raise further doubts about the direction taken by the company in recent years.

Tags: acquiredGrubbJefflaughedUbisoft

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