Ubisoft Entertainment SA that was known as Ubi Soft Entertainment SA is a very renowned Video game publisher that is based in Montreuil. It has created a name for itself by being able to develop as well as publish multiple games for various video games including Assassin’s Creed, Far Cry, Just Dance, Prince of Persia and Rayman. Here is a quick summary of Ubisoft’s net worth in 2019.
History & Wiki
Ubisoft was founded by five brothers of the Guillemot family. The names of the five brothers are Christian, Claude, Gerard, Michel and Yves Guillemot. It was established in Carentoir. After a certain period, Yves Guillemot was able to bargain for a deal with the Electronics Arts, Sierra ON Line and also MicroProse. The deal was to enhance the distribution of the games that were developed. After more than ten years, Ubi Soft began to expand to other parts of the world. Among the markets that the company was targeting included those in United States of America, United Kingdom, and Germany.
They launched the distribution of video games. This went on very well, and by the year 1993, they had grown to become a heavyweight distributor of video games in France. In the 1990s, they started developing games. This is what encouraged the establishment of a studio which was located in Montreuil. This was later to become the main operating offices that they would operate from. In the year 1996, the company became a public traded company, and it has continued to expand its operations to various parts of the world. Among the locations that it founded included Shanghai, Montreal and also Millan.
In the year 2001, they were able to buy The Learning Companies from Gores Technology group. The purchases gave them the rights to the properties. This property included Myst. In the year 2006, they were able to buy the Driver brand, from the Atari. The sale price was nineteen million pounds. The company continued to grow, and in the year 2008, they did acquire Hybride Technologies. It is in the same year that they would be able to buy Massive Entertainment. In the year 2003, they decided to have a new name: Ubisoft, and this is the time that they were able to launch a new logo.
In 2004, Electronic Arts, Which a fierce competitor, would buy 19.9% shares of the company. In the year 2013, they gave a detailed plan of how they would go on and invest more than $373 million to ensure the effectiveness of its Quebec operations. The company did create a Consumer Relationship center that was based in Newcastle. The center aims were to integrate support teams as well as the managers. The company does publish their games, and they own various distribution centers.
Awards and Achievements
Ubisoft has seen its growth go very well. It has been able to get the nomination for various awards. Among the awards that it has been able to win includes the Game Marketing Awards. Their various games like Assassin’s Creed Unity has been able to win multiple awards. They have also received a nomination for the Game Critics’ Awards.
Net Worth of Ubisoft
Ubisoft has a net worth of over $4.5 billion. This wealth has been created from the various investment opportunities that the company has undertaken. This includes the development and publishing of the various games. Also, they have been involved in the distribution of multiple games. The company has been able to identify a business opportunity, and this has helped this grow.