LogInChinese tech giant and Assassin's Creed developer are currently discussing options that can help increase the latter's value.
As many have predicted following the delay of Assassin's Creed Shadows and the disappointing financial results of Star Wars Outlaws and Skull and Bones, Ubisoft may soon be actually acquired by another company to save the once-worshipped studio from financial ruin and potential closure.
The company in question, Bloomberg reports, is Chinese tech and gaming giant Tencent, which is allegedly in talks with Ubisoft's founding Guillemot family about a potential acquisition after Ubisoft lost more than half its market value this year. Anonymous sources report that the two parties are exploring ways to stabilize Ubisoft and increase its value, with one possibility being a joint effort to take the company private.
Following the report's publication, Ubisoft's share price quickly rebounded to the level it held in early September, suggesting that at least some investors believe a buyout would be in both their and Ubisoft's best interest.
What do you think about Tencent buying Ubisoft? Would help the studio and hurt even further in the long run? Tell us in the comments!
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