"The idea is to stay cash positive, but we remain on the lookout for acquisition opportunities," added chairman Yves Guillemot during news conference on the group's 2006/07 earnings.
The news follows Ubisoft’s impressive 2006-2007 financials, in which the firm revealed a 24 per cent leap in year-on-year revenues.
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Game of Thrones The best-selling series of novels and popular HBO TV show arrives on consoles in the form of an RPG
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Monetising Mobile 2012
One Wimpole Street, London
Games Media Awards 2012
London, UK
Nordic Game 2012
Malmö, Sweden
Updated: May 23rd 2012
3DS nears UK 1m; Vita sales slow compared to PSP
If Nintendo's machine achieves milestone in June it will have taken three months longer than DS
Judge recommends Xbox 360 ban in US
Also suggests that Microsoft pay a bond of seven per cent on the value of every unsold console
Siri - Apple's agent of corporate espionage?
IBM bans Siri use in the workplace after discovering Apple keep a record of all requests
FEATURE: Gunning for GAME
Blockbuster and HMV believe they are the prime destinations for the UK's gamers
ANALYSIS: The pre-owned market
With GAME's store count slashed by half, there's the opportunity for others to capitalise on second-hand sales
HMV U-turns on game plan
Games space will now increase, not decrease; CEO: It'd be 'criminal' to ignore GAME shrink
Toys R Us facing financial struggle
Reports say the toy retail giant is looking to appoint advisers to refinance or restructure ...
iPad Mini to launch in October?
Rumours claim Apple preparing smaller tablet for autumn release with $200 price tag
Angry Birds launching Kovalainen F1 tie-in
Speculation that new title will be web-based
Diablo fans already queuing for HMV launch
Consumers camping on Oxford Street ahead of tonight's official opening
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