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PC Gamer
PC Gamer
Joshua Wolens

Ubisoft hasn't exploded or been bought by Tencent: Its finances were delayed because of maths nerds, AC Shadows is 'Overperforming', and it's got one upcoming game you don't know about, thank you

Yves Guillemot, chief executive officer of Ubisoft SA, at the company's headquarters in Paris, France, on Wednesday, Jan. 18, 2023. The five Guillemot brothers have forged a common vision for Ubisoft which they founded in the 1980s in a sleepy northwestern French town, catapulting it into one of the largest stand-alone studios in the $200 billion global video games industry. Photographer: Nathan Laine/Bloomberg via Getty Images.

Last week, Ubisoft delayed its quarterly financial report and called a temporary halt to trading in its stocks. The internet immediately did what it does best: descend into wild and frenzied speculation. To be fair, it did all seem quite portentous, and in a world where Saudi Arabia bought EA and Microsoft bought Activision, the theories that Ubi had itself been acquired or undergone some kind of enormous financial calamity didn't feel totally out there.

But stand down, folks. Ubisoft's delayed financial report took place earlier today, and it turns out all that hullabaloo was—per company big boss Yves Guillemot—for perhaps the most boring reason imaginable: "We appointed a new panel of auditors, that was approved at the [Annual General Meeting] last July."

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