Ubisoft cancels projects and announces restructure in fight to stay competitive

Ubisoft, the video games publisher behind the Assassin's Creed series, has cancelled projects and announced a restructuring that will close several studios as a result of several years of weak results and disappointing sales. Ubisoft, the video games publisher behind the Assassin's Creed series, has cancelled projects and announced a restructuring that will close several studios as a result of several years of weak results and disappointing sales. The video game publisher behind the Assassin's Creed series has cancelled six projects including a remake of Prince of Persia: The Sands of Time as it fights to stay competitive in the global gaming market. Ubisoft announced a sweeping reorganisation and said it would cancel six games, sending its shares to their lowest level in more than a decade on Thursday. Ubisoft is abandoning development of six titles, including a highly anticipated remake of Prince of Persia - a series that dates back to 1989 and received an ill-fated Hollywood adaptation in 2010 - and delaying a further seven. Studios in Halifax, Canada and Stockholm are being closed, with restructuring to follow in other countries, it said.