Ubisoft Is "Horribly Managed," Investor Says, Report Claims EA And Microsoft Might Buy Franchises
Ubisoft is "horribly mismanaged" and has failed to inform the public about supposed conversations with Microsoft and EA regarding possible acquisition deals. That's according to the Ubisoft minority shareholder AJ Investments, which said in a memo that it might organize a protest at Ubisoft's office in Paris to help elevate its concerns and get attention.AJ Investments CEO Juraj Krupa said in a statement seen by IGN that Ubisoft is "horribly mismanaged by current management." The investment group, which previously urged Ubisoft management to make drastic changes, said Ubisoft needs to disclose a "clear roadmap for recovery" amid "declining shareholder value, lackluster operational execution, and failure to adapt effectively to market trends."Krupa went on to say that the private financial market platform MergerMarket carried a story that claims Ubisoft was talking to Microsoft, EA, and other companies about potentially acquiring unspecified franchises from Ubisoft. Krupa said Ubisoft management failed to disclose these discussions publicly.Continue Reading at GameSpot

Ubisoft is "horribly mismanaged" and has failed to inform the public about supposed conversations with Microsoft and EA regarding possible acquisition deals. That's according to the Ubisoft minority shareholder AJ Investments, which said in a memo that it might organize a protest at Ubisoft's office in Paris to help elevate its concerns and get attention.
AJ Investments CEO Juraj Krupa said in a statement seen by IGN that Ubisoft is "horribly mismanaged by current management." The investment group, which previously urged Ubisoft management to make drastic changes, said Ubisoft needs to disclose a "clear roadmap for recovery" amid "declining shareholder value, lackluster operational execution, and failure to adapt effectively to market trends."
Krupa went on to say that the private financial market platform MergerMarket carried a story that claims Ubisoft was talking to Microsoft, EA, and other companies about potentially acquiring unspecified franchises from Ubisoft. Krupa said Ubisoft management failed to disclose these discussions publicly.Continue Reading at GameSpot