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Post by Steve Farrelly @ 11:58am 06/05/22 | 0 Comments
When "acquisition" quickly became the new NFT for the games industry, that is a trend with a short shelf life no one really understood but pretended to have a vested interest in, Ubisoft was one of the major publisher-developers to put its hand up and say "hey, if you wanna acquire us, here's our brochure". But it appears not everyone with a stake in the gaming giant was on board with that position, with original founding family, the Guillemots (sounds like a French sitcom), wanting the business to remain independent.

According to a news item at VG247, the Guillemot family, who owns 15.9% of the company with a 22.3% voting share, is seeking advice on partnering with a private equity firm to buy Ubisoft outright, and thus keeping potential acquisitions wholly at bay.

Yves Guillemot, CEO of Ubisoft, has declared his desire to keep Ubisoft independent said the report, that also noted Ubi's shares went up by 10% off of the news of the Guillemot family wanting to buy the company outright.

We'll have more on this as it becomes available.

ubisoftgames industryindependentyves guillemotacquisition

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