Trending Games | World of Warcraft | ArcheAge | Guild Wars 2 | Final Fantasy XIV

    Facebook Twitter YouTube YouTube.Gaming Discord
Quick Game Jump
Members:3,884,927 Users Online:0



Filter Week Filter Game
Ubisoft Seeking Investors to Hold Off Vivendi Takeover Bid

According to the Globe & Mail, Ubisoft is fighting a takeover by French company Vivendi. To stave off the takeover, Ubi is looking for Canadian investors. According to the report, Ubi has been in talks with several potential investors in an effort to keep Vivendi at bay as pressure mounts with a hostile takeover underway for Ubi's gaming sibling, Gameloft.

Although it’s unlikely Vivendi would shut down Ubisoft’s Canadian studios outright, the assets would be better protected if Ubisoft remained independent, Mr. Guillemot told The Globe and Mail on Thursday. Ubisoft enjoys a decision-making and operational agility that it wouldn’t have under Vivendi, and can forge better partnerships with global media players such as Warner Bros. instead of being forced to work with Vivendi’s properties, the CEO said.

Earlier this month, Vivendi completed its severance with Activision-Blizzard.

Read the full report at the link above and be sure to head over to this forum thread created by ElRenmazuo. Thanks for the heads up!

Suzie Ford / Suzie is the former Associate Editor and News Manager at Follow her on Twitter @MMORPGMom

Special Offer