France-based video game publisher Ubisoft has acknowledged recent “press speculation” that its founders were in talks to sell the company.
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Bloomberg News reported last week that the Guillemot family, which founded Ubisoft in 1986, was in talks with Tencent about a potential acquisition. The parties reached a deal in 2022 that would give the Chinese tech giant a significant stake in the game maker.
"Ubisoft has noted recent speculation in the press regarding potential interests surrounding the company," Ubisoft said in a statement. "The company regularly reviews all of its strategic options in the interest of its stakeholders and will inform the market as and when appropriate. The company reiterates that management is currently focused on executing its strategy, centered on two core verticals: Open World Adventures and GaaS-native experiences."
When asked by several media outlets whether Ubisoft had participated in the talks, the company declined to comment.
