French publisher looking to splash the cash after bumper financials

Ubisoft on the acquisition trail

MCV Staff 31st May 2007 Development News

According to a report on Reuters, chief financial officer Alain Martinez said that Ubisoft is currently looking at two or three potential deals, with increasing its development capabilites a key concern. Martinez also added that is looking at targets worth up to €20 million.

"The idea is to stay cash positive, but we remain on the lookout for acquisition opportunities," added chairman Yves Guillemot during news conference on the group’s 2006/07 earnings.

The news follows Ubisoft’s impressive 2006-2007 financials, in which the firm revealed a 24 per cent leap in year-on-year revenues.

Tags

About MCV Staff

Check Also

LGF Key Art 1500x500 1 [Event news] New Game Plus returns next week with 100 playable games, industry talks, international showcases, and much more

[Event news] New Game Plus returns next week with 100 playable games, industry talks, international showcases, and much more

New Game Plus, the tentpole games showcase of the London Games Festival, arrives at Exhibition White City on 16-17 April 2026 and is set to welcome thousands of industry professionals and members of the public. The event returns with a bigger line-up of games and talks and builds on the success of last year’s debut as the public-facing centrepiece of the London Games Festival. A limited number of tickets are still available to purchase.

© Copyright 2026, MCV. BizMedia