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Ubisoft was on the receiving end of a tough recent run.
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After reports of widespread toxic mismanagement at the firm that led to some high-ranking employees leaving or firings well-oiled Ubisoft machine is beginning to unravel.
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The publisher didn't release many games in the past year, and the ones they released, such as Rainbow Six Extraction, Roller Champions as well as Mario + Rabbids Sparks of Hope, did not perform as well as they should.
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In the wake of this, Ubisoft today announced another series of games that have not been announced had been pulled, and the shaky open-world pirate title Skull and Bones has been put on hold for a second time.
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In the midst of all this, there is speculation that Ubisoft is in search of an acquisition partner.
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According to a renowned Insider, Jeff Grubb, that is the case.
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According to Grubb, Ubisoft "did the rounds", proposing acquisitions or mergers to several companies in the entertainment and tech fields, but "mostly received a snub."
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It's possible that those who wanted to buy the company didn't see the worth in Ubisoft or management was over-extended for the company as unclear.