NEWS - Thursday, January 6, 2005


Ubisoft Takeover Rumours Mount

Warfare may once again hit the shores of Europe, but this time in a corporate war between Electronic Arts and Infogrames as they stare across the battlefield for potential control of French publisher Ubisoft. The current stand-off began back in December 2004, when EA bought just under 20% of Ubi and 18.4% of voting rights – just short of the 22.8% of voting right that Ubi founders the Guillemot brothers currently have. The French company have stated publicly that they view the encroachment by Electronic Arts as hostile, which is why fellow French companies Infogrames and Vivendi have been linked with Ubisoft. For shrewd investors there is some good news coming as a result of this corporate staring contest - since EA’s 20% purchase, shares of Ubisoft have increased by 60%. In a statement to Reteurs, the Head of Infogrames, Bruno Bonnel said that, "I hope Ubi Soft will find ways to defend itself so that Infogrames does not become the last bastion in the European video games industry…when Ubi Soft has defined the limits within which it is prepared to work, they know we are ready to listen." In the interview, Bonnel didn’t go into details as to how Infogrames would help Ubisoft. There was also speculation that Vivendi has been in talks with the upper hierarchy of Ubisoft, and whilst there have been rumours from within the company that Vivendi are interested in the company, the official line from them is that there have been no talks. The Ubisoft situation has also captured the attention of the French government, which would find it a very bitter pill to swallow if Ubisoft was absorbed and mutated into a satellite company of EA. We’ll keep a close eye on the situation over the coming weeks and months…
Source: http://www.totalvideogames.com

Comments

Site Statistics

Registered Members: 44,777
Forum Posts: 725,821
Xbox One Titles: 1,415
Xbox 360 Titles: 1,086
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 585
Original Xbox Titles: 987
Staff Reviews: 1,747
Member Reviews: 10,339
News Articles: 14,671
Screenshots: 31,719
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News








See News Archives

Community Forum Activity

Xbox Playdates Canada August, 2018 Playdate info thread.
Post by Kiesey
2 Replies, 150 Views

Xbox Game Pass
Post by oryanphine
2 Replies, 323 Views

Xbox Playdates Canada July, 2018 playdate info.
Post by Kiesey
3 Replies, 434 Views

Manette Xbox One Xfest18
Post by oryanphine
2 Replies, 677 Views

Xbox One X Mountain Dew
Post by oryanphine
0 Replies, 535 Views

Xbox Playdates Canada June 2018 schedule
Post by Kiesey
1 Replies, 681 Views

Xbox One X Black Panther
Post by oryanphine
3 Replies, 1023 Views

Xbox Playdates Canada May 2018 schedule
Post by Kiesey
4 Replies, 980 Views

Is anything happening in XBox One land?
Post by DJ tx
7 Replies, 1324 Views

Xbox One S Jojeux Anniversaire
Post by oryanphine
1 Replies, 873 Views

Xbox One X Steelbook
Post by oryanphine
1 Replies, 963 Views

Xbox Playdates Canada April 2018 Schedule
Post by Kiesey
4 Replies, 1235 Views

Xbox One X World of tanks
Post by oryanphine
2 Replies, 1324 Views

Xbox Playdates Canada - March 2018 Schedule
Post by Kiesey
7 Replies, 1614 Views

Any info on Biomutant release?
Post by DJ tx
4 Replies, 1371 Views

© 2000-2018 XboxAddict.com - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. XboxAddict.com is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics