Videogame giant Ubisoft raises £1bn after closing UK studio

Quick Summary:

Upon the announcement of the investment, an internal memo from Ubisoft CEO Yves Guillemot was leaked to the media.

It also saw the second highest day one sales revenue in Assassin’s Creed franchise history, behind only Assassin’s Creed Valhalla; Ubisoft’s biggest day one ever on the PlayStation Store, and over 40m hours have been played on the game so far in a week.

He said: “We are excited to extend our longstanding partnership with Ubisoft through this investment.“We see the immense potential for these franchises to evolve into long-term evergreen game platforms and create engaging new experiences for gamers.

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Article Details

Author / Journalist: Patrick Killeen

Category: InvestingBusiness

Markets: United Kingdom

Topics: Investment MediaTech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 12:22:45 (6 days ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 735 words

Reading Time: 5 minutes read

Sentences: 22 lines

Sentence Length: 34 words per sentence (average)

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Copyright Owner: © BusinessCloud

News ID: 27513064

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