'

Ubisoft's founder buys another 3.5% of the company

Ubisoft's founder buys another 3.5% of the company for around £120 million

Ubisoft's founder buys another 3.5% of the company for around £120 million

Ubisoft's founder buys another 3.5% of the company for around £120 million

 

Ubisoft's founder is set to buy another 3.5% of the company for around £120 million to prevent a takeover by Vivendi. This will increase the Guillemont families ownership of the company to 12.5%, with Vivendi currently holding 20.1% of Ubisoft. 

Vivendi has already completed their takeover of Gameloft, now owning 56% of the company in a move which Yves Guillemot has described as "hostile" and "against the best interest" of the company. At this time the Guillemot family is attempting to prevent the same thing happening to Ubisoft. 

  Ubisoft's founder buys another 3.5% of the company for around £120 million

 

 The Guillemot family is reported to have been lobbying shareholders to prevent them from selling their shares to Vivendi in a move which they believe will be in the best interest of Ubisoft.

 

You can join the discussion on Ubisoft's founder buying another 3.5% of the company on the OC3D Forums.

 

«Prev 1 2 Next»

Most Recent Comments

07-09-2016, 05:16:56

Dicehunter
What would a take over by Vivendi mean though ? Less games ? Buggier games ?Quote

07-09-2016, 05:23:54

AdmiralDonut
Quote:
Originally Posted by Dicehunter View Post
What would a take over by Vivendi mean though ? Less games ? Buggier games ?
Ask Activision Blizzard. Vivendi don't know anything about games, they just want to make money, even if it means driving their acquisitions into the ground. Guillemot might be a complete moron, but I'd sooner have him in charge of Ubisoft than anyone at Vivendi.Quote

07-09-2016, 05:36:32

King of Old Old School
Can Ubisoft start making decent games not crappy ones.Quote

07-09-2016, 05:37:23

Warchild
Is this the same Guillemot family that used to make GPU cards in the 3DFX days?

hmm interesting.Quote

07-09-2016, 05:47:40

demonking
Quote:
Originally Posted by Warchild View Post
Is this the same Guillemot family that used to make GPU cards in the 3DFX days?

hmm interesting.
I don't think so. 3dfx was founded in California and ubisoft in France.Quote
Reply
x

Register for the OC3D Newsletter

Subscribing to the OC3D newsletter will keep you up-to-date on the latest technology reviews, competitions and goings-on at Overclock3D. We won't share your email address with ANYONE, and we will only email you with updates on site news, reviews, and competitions and you can unsubscribe easily at any time.

Simply enter your name and email address into the box below and be sure to click on the links in the confirmation emails that will arrive in your e-mail shortly after to complete the registration.

If you run into any problems, just drop us a message on the forums.