Ubisoft Entertainment SA is a popular video game publisher whose headquarters is located in Montreuil, France. It is best known for creating several renowned video game franchises including Raving Rabbids, Tom Clancy’s, Far Cry, Prince of Persia, Assassin’s Creed, Just Dance, Rayman and many more. Now let’s have a close look on the net worth of Ubisoft in 2019.
Ubisoft was founded in March 1986 by the five siblings of the Guillemot family which include Gérard, Yves, Christian, Michel and Claude Guillemot. Initially, the company was situated in Carentoir which is a small village in the Brittany region of France. After a certain period, they signed a deal with MicroProse, Electronic Arts, and Sierra On-Line to distribute their games in the entire country.
Later, Ubisoft started expanding in various markets around the world including Germany, the United States, and the United Kingdom. In the early 1990s, Ubisoft entered the market of video game distribution, and by 1993 they became the number one video game distributor in France.
In 1994, they launched their first studio in Montreuil which eventually became the company’s headquarters. Two years later, the company was declared a publicly traded company and continued to expand in the major countries of the world including Shanghai, Milan, Annecy, and Montreal.
In 2001, Ubisoft bought The Learning Company from the business conglomerate Gores Technology Group. They were also given the rights to intellectual properties of several video games including Prince of Persia. In 2006, the company bought the popular video game franchise “Driver” from Atari for more than $20 million.
Ubisoft continued to grow and acquired multiple companies in the year 2008 including “Hybrid Technologies” which was known for creating amazing visual effects for advertising and “Massive Entertainment” from the video game publisher Activision.
Ubisoft bought the role-playing video game franchise “South Park: The Stick of Truth” from the American video game publisher THQ in the year 2013. On December 2004, their rival company Electronic Arts bought 19.9% shares of Ubisoft. In 2013, Ubisoft announced that they are investing in the latest motion capture technologies and by the end of 2020 they will hire more than 3000 staffs at their studios in Quebec City and Montreal.
Ubisoft and their games have won several awards including the popular “Game Marketing Awards”. Their game Assassin’s Creed Unity has won multiple awards. The company was also nominated for the “Game Critics’ Awards”.
Net Worth & Earnings
Ubisoft has an estimated net worth of more than $5 billion. Most of the fortune is the result of publishing and distributing several popular video games including Masque, Asphalt, Mange Cailloux, Iron Lord, Skateball, Pro Tennis Tour, Great Courts 2, Street Racer, Grandia, Prince of Persia and many more. Ubisoft also has several subsidiaries all over the world including Blue Byte (Germany), Ketchapp (France), RedLynx (Finland), Ubisoft Chengdu (China), Ubisoft Mumbai (India) and others.
Ubisoft is one of the renowned and largest video game publishers and distributors in the world. Although it was founded in a small village in France, however currently it has more than 13000 employees working in different parts of the world.