Ubisoft has officially announced its intention to explore potential buyers through a press release titled “Strategic Update.” The company stated it has engaged top consultants to evaluate transformative options aimed at maximizing value for stakeholders. This process will be overseen by independent board members, and Ubisoft will inform the public of any confirmed transactions, in line with applicable regulations.
Restructuring for the Future
To prepare for a potential sale, Ubisoft has started significant restructuring efforts. These include cost-cutting measures and a more selective approach to investments. The company aims to reduce fixed costs by over €200 million by the 2025-2026 fiscal year compared to the 2022-2023 fiscal year.
Recent steps include the cancellation of XDefiant, a live-service game, and the delay of Assassin’s Creed Shadows to March 20, 2025. These decisions are intended to improve Ubisoft’s financial outlook and make the company more appealing to potential buyers.
Current Performance and Future Outlook
Ubisoft reported challenges during the holiday season, citing issues with XDefiant and Star Wars Outlaws. However, the company estimates net bookings of €1.9 million, suggesting it could break even.
Yves Guillemot, co-founder and CEO, commented on the situation, saying, “We made good progress on the strategic and execution reviews initiated a few months ago and are confident that this will position Ubisoft for a stronger future.” Rumors suggest that Chinese tech giant Tencent is a potential buyer, but negotiations are ongoing.
This marks a pivotal moment for Ubisoft as it restructures and explores opportunities to secure a sustainable future.
