Forgot password
Enter the email address you used when you joined and we'll send you instructions to reset your password.
If you used Apple or Google to create your account, this process will create a password for your existing account.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Reset password instructions sent. If you have an account with us, you will receive an email within a few minutes.
Something went wrong. Try again or contact support if the problem persists.
Image via Ubisoft.

Ubisoft’s founding family may look to avoid acquisition by fully purchasing company

Yves Guillemot and his family are looking to maintain control of Ubisoft.

Ubisoft’s founding Guillemot family has held control of the company since its founding in March 1986, and it looks like the family looking to maintain that hold amidst reports of a potential buyout lingering. 

Recommended Videos

According to merger and acquisition publication Dealreporter and financial analysis service Seeking Alpha, the Guillemot family, which owns 15.9 percent of the company’s shares and 22.3 percent of the net voting shares for Ubisoft, is potentially in talks to work with a private equity firm in an effort to fully acquire the company. 

This decision is being mulled over following reports last month that the publisher behind titles like Assassin’s Creed, Far Cry, and various Tom Clancy titles is attracting takeover interest from various private equity firms including Blackstone Inc. and KKR & Co., according to Bloomberg. However, no serious talks of acquisition or a buyout have currently been discussed. 

Related: Ubisoft ends online multiplayer services for more than 90 games

According to Dealreporter, the Guillemot family and long-time CEO Yves Guillemot want to maintain the “rein” at Ubisoft. Seeking Alpha also reports Ubisoft’s stock rose 10 percent as news of the family’s intent to fend off a takeover.

This wouldn’t be the first time Ubisoft has halted a takeover. The company came to an agreement with French mass media company Vivendi in March 2018 to end what Yves Guillemot openly referred to as a potential hostile takeover when the company first bought a 10.4 percent stake in Ubisoft in October 2015. That attempt reached as far as a 25.15 percent stake for Vivendi by December 2016. 

All of this comes as Ubisoft continues to struggle with development on titles like the Prince of Persia: The Sands of Time remake and Skull and Bones, along with continued backlash against a seeming integration of NFTs in future projects and a mishandled approach to years of reports of sexual abuse and gender discrimination.

In the company’s February earning’s call, Yves Guillemot said Ubisoft could well remain independent, but as consolidation in the industry continues, offers to acquire the company would be reviewed “in the interest of all stakeholders.” This potential attempt to take back the company from those same stakeholders in the midst of a potential buyout, even one with no serious negotiations as of now, seems to speak to the opposite an openness to acquisition.


Dot Esports is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more about our Affiliate Policy
Author
Image of Cale Michael
Cale Michael
Lead Staff Writer for Dota 2, the FGC, Pokémon, Yu-Gi-Oh!, and more who has been writing for Dot Esports since 2018. Graduated with a degree in Journalism from Oklahoma Christian University and also previously covered the NBA. You can usually find him writing, reading, or watching an FGC tournament.