Ubisoft Shareholders in Talks Over Possible Buyout, Reuters Says, Citing Sources

WSJDec 6 23:33

Ubisoft has decided to stop developing the free first-person shooter game "XDefiant".

On December 4, Glonghui reported that Ubisoft, the largest game publisher in France, announced on Wednesday that it has decided to stop developing the free first-person shooter game "XDefiant." As a result, Ubisoft will close its production studios in San Francisco and Osaka, and reduce production in Sydney, leading to the layoff of 143 positions in San Francisco, while Osaka and Sydney may see 134 layoffs. Ubisoft stated that half of the XDefiant team members globally will take on other roles within the company. Ubisoft mentioned in a statement that this decision was made after a comprehensive assessment of the game's performance, profitability, and market conditions.

Gelonghui FinanceDec 4 21:46

Tech Down as Super Micro Weighs -- Tech Roundup

Dow JonesOct 31 05:49

Ubisoft Posts Slump in Net Bookings After Assassin's Creed, Star Wars Snags

WSJOct 31 00:45

September Videogame Sales Down 6% in the U.S., Led by Sharp Drop in Console Spends

Seeking AlphaOct 24 02:19

Ubisoft Says It Regularly Reviews Strategic Options, After Potential Takeover News - Report

Seeking AlphaOct 7 18:02