Advertisement

Vivendi buys up more of Ubisoft, raises stakes to 10.4%

by Ron Duwell | October 23, 2015

Scarface

It seems like yesterday’s comments from Ubisoft CEO Yves Guillemot didn’t please his future corporate overlords. Shortly after Vivendi bought a 6.6 percent stake in his company, Guillemot fired off an email claiming that the company has a history of “aggressively pursuing companies within the entertainment sector.”

Vivendi was quick to prove him right almost immediately by raising its stake in Ubisoft from 6.6 percent to 10.4 percent.

The move is the latest in what seems like a hostile takeover of Ubisoft by Vivendi. Guillemot says that Ubisoft will remain vigilant in fighting for its independence, but there is only so much one can do in a capitalist system when there is so much green flying around.

Vivendi is also in pursuit of fellow French game publisher Gameloft. It raised its stake in the company to 10.20 percent.

Only time will tell if this money war will escalate. Stay tuned.


Advertisement


Ron Duwell

Ron has been living it up in Japan for the last decade, and he has no intention of leaving this technical wonderland any time soon. When he's not...Ron has been living it up in Japan for the last decade, and he has no intention of leaving this technical wonderland any time soon. When he's not...


Advertisement