Predatory Instincts: Now Ubisoft Might Buy Some Companies?
Oh Ubisoft. You're confusing me! First, you say that you've got three options: steady as she goes, work with the movie industry (I'm presuming your own Montreal setup) or merge (presumably with EA). That's what you told Gamasutra, anyways. Now I see your Chief Financial Officer Alain Martinez spoke to Reuters after an investors meeting and said you're looking at buying up some companies!
Chief Financial Officer Alain Martinez told Reuters after the meeting that Ubisoft was currently looking at two or three opportunities and notably at development studios.He would not go into details but said the possible targets were in the range of 1 million to 20 million euros.
Either they're real big on corporate double-speak, or they're so cashed up they don't know what to do with themselves. I'd like to think it's the latter, and they're just flying by the seat of their pants. "Yeah, fuck it, let's buy these guys", etc.
Ubisoft eyes buys, but wants to stay cash positive [Reuters]
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