Ubisoft among the bidders for Arkane as Xbox looks to sell the studio

The Lyon-based studio has a few options on the table to avoid studio closure, including an acquisition from fellow-French video game industry contemporary Ubisoft. Since Xbox announced plans for a structural reset this past summer, Microsoft and its video game division have been seeking divestitures of multiple studios, including Zenimax's critically-acclaimed Arkane studio based in Lyon, France. Due to the French law mandating a period of consultation with the Social and Economic Committee before any large-scale layoffs. Arkane has held on while Microsoft seeks a buyer.