Last thursday Ubisoft held a session “Q & A»Dedicated to the publication of the publisher’s financial annual report. During a conference with investors, one of the analysts touched on the current economic situation. In particular, he suggested that some game companies may be experiencing difficulties at the moment, especially if they do not have a back catalog from game services.
The analyst decided to clarify what Ubisoft thinks about this and whether she believes that the likelihood of M&A (mergers or acquisitions) has increased in our time.
“At the moment, we are carefully studying the market, and if opportunities arise, we will take advantage of them,” said Yves Guillaume, CEO of Ubisoft.
“At the same time, we have to solve new problems, so it takes longer.”
“Of course, we are closely following this,” he concluded.
According to Guillaume, Ubisoft has a billion euros in long-term loans, as well as a revolving credit line of 300 million euros, which the company can use if necessary.
At the same time, the publisher must consider the impact of the coronavirus pandemic, which severely limited Ubisoft’s work. Previously, the company has already postponed the output of some of its projects, so there can be no talk of repeated delays in production.
In the fiscal year that began, Ubisoft plans to release five AAA games: Assassin’s Creed: Valhalla, Watch Dogs: Legion, Gods & Monsters, Rainbow Six Quarantine and another unannounced project (presumably, it could be Far Cry 6).
Read also: What’s it like to develop games for the Xbox Series X: The creators of the space shooter Chorus: Rise as One tell
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