Ubisoft Is Looking for Investors for a “New Entity,” Report Claims

Regardless of whether you like their work or not (and we know there are a lot of critics out there), Ubisoft is one of the biggest game devs in the market and they’ve created some memorable games and franchises over the years, which is at least one of the reasons they deserve respect for.

Going forward, we know that Ubisoft has been struggling in recent years, but they are continuing to expand on their well-known IPs, but also looking for something new. According to a new report, Ubisoft is working on reshaping their current structure for a more profitable future.

According to the report, Ubisoft is looking to create “a new entity,” although details are scarce. We know it’s not a completely new concept, as it has been discussed earlier, but the new reports states that the company is “considering selling a minority stake in the venture and has contacted potential bidders.”

Among them is Tencent, as has been confirmed, but also other potential bidders from France and other countries of the world.

And if you thought that it was just a plan, according to the report, “Ubisoft has asked for preliminary bids to be made as soon as this month, the people added, asking not to be identified discussing a private matter.”

So, what would this new entity encompass? As far as we know, it would include the company’s most famous IPs (among them is Assassin’s Creed), but other details haven’t been disclosed.

We’re still very much in the dark about this, but with the criticism the company has been faced with in recent months, this doesn’t seem like a bad decision and it could improve the company’s reputation going forward.

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