Here’s the next big video game company to be acquired.
After an already record dollar-value year for mergers and acquisitions in the video game space, yet another mega-acquisition may be in the works. This time, it’s rumored to be French gaming giant, Ubisoft.
According to a recent report out of Bloomberg, a number of private equity firms have been investigating the publisher and may be looking at an acquisition.
The company, with a current $5.6 billion market cap, saw its stock leap over 20% after the rumors emerged.
However, Bloomberg says, “Ubisoft hasn’t entered into any serious negotiations with potential acquirers, and it’s unclear whether its major shareholder is willing to pursue a deal.”
Right now, Ubisoft is one of the largest independent, third-party video game publishers there is. With such hit titles as Assassin’s Creed, Far Cry, Just Dance and Rainbow Six, and its stock down roughly 60% from all-time highs, rumors of an acquisition could make sense.
Over the course of the past three years, there has been massive consolidation in the video game industry. Last year alone, a record $85 billion in M&A occurred, and the industry is on pace to reach a new record, $150 billion, this year.
Publishers, developers and game-tech companies of all sizes could be potential buyout targets in 2022. As the big industry players continue to compete for assets, it may be a wise move to look into investment opportunities in the space, before any potential buyouts occur.
Discover a game-tech company with patented in-game-commerce technology, HERE.
Or read more about the potential of a Ubisoft acquisition, HERE.
Source: https://www.videogameschronicle.com/news/ubisoft-stock-jumps-11-amid-fresh-takeover-report/