Ubisoft CEO Yves Guillemot has revealed that the publishing giant aims to stay independent, but any buyout offers that come to the table will still be reviewed by the board of directors.
Speaking during the company’s latest earnings call overnight, Guillemot commented:
We have always taken decisions in the interest of our stakeholders, which are our employees, players and shareholders. Ubisoft can remain independent: we have the talent, the financial scale, and a large portfolio of original IPs.
Having said that, if there were an offer to buy us, the board of directors would of course review it in the interest of all stakeholders.
Frédérick Dugue, Ubisoft’s CFO, said that it would “not speculate” as to why there haven’t been any offers for Ubisoft thus far.
What we can say is we have high-value assets, we have the scale to remain independent and create very meaningful value in the future, because we have scale in terms of our workforce, engineering, technology, IPs and engaged communities.
Speaking in the same earnings call, Ubisoft revealed that the long-delayed Skull & Bones will still launch during the company’s next fiscal year.
[Source – VGC]