In April of this year, Ubisoft purchased a studio from former subsidiary Gameloft in Pune, India. The press release announcing the move spun the purchase as a way to employ bright new talent. "India has a promising future in the videogame industry," it read, after describing how Pune, the "Oxford of the East," produces 80,000 engineers each year.
At the BMO Capital Markets conference today in New York City, Ubisoft CEO Yves Guillemot had a somewhat different take on the company's Pune installation. After announcing that Ubisoft now conducts two-thirds of their production in "low-cost countries," particularly those that offer subsidies, he told conference attendees that Pune is now where Ubisoft outsources all of their QA testing.