Ubisoft headed towards 'privatization and dismantling' in 2025, industry expert predicts (www.tweaktown.com)

submitted 2 weeks ago by alessandro@lemmy.ca to c/pcgaming@lemmy.ca

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[-] luciole@beehaw.org 10 points 2 weeks ago* (last edited 2 weeks ago)

I was more used to hearing privatization referring to a government owned entity passing to private interests, but I did a quick search and found out it can mean both things:

Privatization occurs when a government-owned business, operation, or property becomes owned by a private, nongovernment party.

Privatization also may describe a transition that takes a company from being publicly traded to becoming privately held. This is referred to as corporate privatization.

[-] maniacalmanicmania@aussie.zone 6 points 2 weeks ago

Neat. Thanks. It must be unusual though. That publication seems to have only used it in the title because it's part of a quote that is the basis for the article. They don't use that phrasing anywhere else except in a longer quote in the body. Elsewhere they use more common phrasing like 'go private'.

this post was submitted on 09 Dec 2024

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