Chinese technology and gaming giant Tencent and the Guillemot family are reportedly in talks to purchase French games publisher and developer Ubisoft in a deal that would take the company private.
Ubisoft is a publicly traded company whose primary shareholders are its founders, members of the Guillemot family, and Tencent. The details are scarce; Bloomberg reports that the talks involve taking the company private.
This would work in the same way as Elon Musk’s Twitter buyout, which took the then-public social media private as it rebranded to X.
If this buyout happens, Ubisoft will no longer be beholden to shareholders nor required to disclose its earnings publicly.
It is possible that Yves Guiliemot, the company’s current CEO and one of its co-founders, would seek a detail that retains his family’s interest as the primary controlling owner. This would allow Ubisoft to continue operating with the financial backing of Tencent, China’s most valuable company, while remaining under its current management.
In the event such a buyout were to occur, it’s possible the two companies could serve as an international coalition of crypto and blockchain-friendly AAA gaming organisations.
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