
Ubisoft boss speaks out in wake of Take Two/EA speculation
Ubisoft may well increase its expansion plans after EA’s bid for Take Two – but is far keener on snapping up established IP than acquiring other publishers.
That’s according to a CNN interpretation of a French newspaper interview with Yves Guillemot, who was speaking after EA’s $1.9 billion offer for Take Two on Sunday.
Some commentators and analysts have suggested that EA’s pubilcy aired offer would enforce Ubisoft to take action and buy another third-party publisher – not least because it suggested EA would now be reticent to increase its stake in the French firm.
But speaking to French business daily Les Echos, Guillemot said:
“The desire of EA to buy Take Two pushes us to go faster, to accelerate internal growth but also to look at acquisition opportunities,"
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According to CNN, Ubisoft shares fell 1.85 pct on Monday following the rejection of EA's bid.
Comments
here here!
Good for you Ubi! If a developer is good at what they do, they should be allowed to create without being taken over and having all their creative staff move on.
Developers are independent for a reason - but they do need Publishers long term support - without a buy-ouy
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