Gameloft Has Been Purchased By Vivendi and Ubisoft’s Next

Vivendi is currently on a huge shopping spree and has successfully seized control of Gameloft, one of the biggest mobile game developers. And it seems that next on their list is Ubisoft.

Gameloft Library Vivendi

The Paris-based media conglomerate has been aggressively targeting shares from both Gameloft and Ubisoft for the past months in an attempt for a hostile takeover. Using the tried-and-true method of offering “a lot of money”, Vivendi managed to purchase enough stocks from investors of Gameloft to achieve majority ownership.

After the acquisition, Vivendi released a letter to Gameloft stating that they will “join an international content and media group where creativity is the heart of its organization and its activities,” states Vivendi. “We are very pleased to welcome you and pool your talents with ours, so that together, we will be a stronger presence on the worldwide entertainment market.”

Gameloft Vivendi Hostile Takeover

Gameloft and Ubisoft are run by the Guillemot brothers and are very much against the hostile takeover that Vivendi is attempting for Ubisoft, in which they currently hold 17% of the publisher’s shares. Ubisoft has been approaching Canadian investors to commit to a long-term investment to avoid having shareholders being bought by Vivendi.

Source: Bloomberg

Related posts

Final Fantasy IX Is Out On Switch Right Now!

Final Fantasy IX Is Out On Switch Right Now!


Final Fantasy IX Is Out On Switch Right Now!

Final Fantasy IX is out on Switch now! Players can experience the adventure once again with characters and pre-rendered movies featuring in high definition, as well as a new booster system with a selection of various modes.   Join Final Fantasy IX now !!!   For...

God Of War Wins Game Of The Year At DICE Awards

God Of War Wins Game Of The Year At DICE Awards


God Of War Wins Game Of The Year At DICE Awards

The 22nd D.I.C.E. Awards took place in Las Vegas and Sony's God of War was a big winner. The PlayStation 4 exclusive took home nine total awards, including the highly coveted overall Game of the Year! In addition to that award, God of War won Outstanding Achievement in Game Direction...

MU Online Valentine Bless Box Sales

MU Online Valentine Bless Box Sales


MU Online Valentine Bless Box Sales

Event Period: 2019.02.12 03:00 ~ 2019.02.26 23:59 (UTC) Happy Valentine ~ Celebrating this lovely day, MU Online has prepared Valentine Bless Box! You will get items as below 100%: - Brown Panda Ring (7Days) - Bless of Light (Greater) X 10 You will get one of the items as...

Leave a comment