Ubisoft Makes Bid to Purchase Xbox Studio on the Brink of Closure
Ubisoft and other companies have reportedly made offers to buy Arkane from Xbox, which is looking to divest from the Marvel's Blade studio.
Ubisoft and other companies have reportedly made offers to buy Arkane from Xbox, which is looking to divest from the Marvel's Blade studio.
The short version
- Microsoft intends to divest from Dishonored and Marvel's Blade developer Arkane Studios as part of its mass layoffs at Xbox and other Microsoft divisions.
- Because Arkane is based in Lyon, France, Xbox has had to adhere to French labor laws, and was mandated to search for a potential buyer for Arkane.
- Assassin's Creed maker Ubisoft has reportedly made an offer for Arkane, Bloomberg reported on Tuesday.
What happened
Ubisoft is one of at least three companies to submit a bid for Arkane. According to Bloomberg, Xbox is also considering selling Arkane to the studio's management.
Why it matters
The future of Arkane looked in doubt last month as negotiations for a redundancy plan for potentially laid-off employees were reportedly not going well ahead of a Nov.
Summary by Nerd News Network. Read the full article at Polygon via the links above and below.