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Thane Solus

Arcane
Joined
Apr 29, 2012
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X-COM Base
Ubisoft are not even hiding these days. Their company moto below... (or a horrible PR move for promoting the Division lol)


ubilost.jpg
 

Infinitron

I post news
Staff Member
Joined
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Messages
97,232
Codex Year of the Donut Serpent in the Staglands Dead State Divinity: Original Sin Project: Eternity Torment: Tides of Numenera Wasteland 2 Shadorwun: Hong Kong Divinity: Original Sin 2 A Beautifully Desolate Campaign Pillars of Eternity 2: Deadfire Pathfinder: Kingmaker Pathfinder: Wrath I'm very into cock and ball torture I helped put crap in Monomyth
Ubisoft hostile takeover attempt! http://www.eurogamer.net/articles/2...-guillemot-brothers-mobile-publisher-gameloft

Vivendi has seized control of Guillemot brothers' mobile publisher Gameloft
UPDATE: CEO steps down, aims to protect Ubisoft from similar fate - report.

UPDATE 01/06/2016 11.55pm: Gameloft SE chairman and CEO Michel Guillemot is allegedly planning to resign, according to a report from Bloomberg.

Sources say Michel Guillemot will join his brother, Ubisoft CEO Yves Guillemot, to protect the Assassin's Creed publisher from undergoing a similar Vivendi takeover.

Vivendi has already seized control of nearly 18 per cent of Ubisoft's capital while the Guillemots control 15 per cent of the votes on the publisher's board.

ORIGINAL STORY 01/06/2016 8.05pm: Back in February French media corporation Vivendisought to seize control of Ubisoft by aggressively buying shares of the company. That's still an ongoing process, but as of today Vivendi's strategy has led it to acquire a majority ownership at Gameloft, the mobile publisher founded by Ubisoft head honchos the Guillemot brothers.

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A few months back Vivendi purchased 30 per cent of Gameloft and was tempting shareholders to part with their stock by offering 50 per cent over the market value for their shares. Vivendi's strategy paid off as it's now in charge of Gameloft, the publisher behind Asphalt and Modern Combat.

"You work for a company that is already one of the most renowned and creative in the mobile games segment worldwide," Vivendi said in a letter addressing Gameloft employees. "We are convinced that Gameloft, with Vivendi's backing, can be more ambitious in its growth plans. In a rapidly-evolving market, your company, which needs industrial and financial backing to develop, will be able to count on our full support and commitment."

"The joining of Vivendi and Gameloft offers opportunities for cooperation in many areas: the co-creation of content, the development of new franchises, the building of wider communities and audiences and the pooling of our distribution networks, among other examples," the new corporate overlords added.

When Vivendi first targeted Gameloft and Ubisoft, co-founder Yves Guillemot called the move "unsolicited and unwelcome". At the time Vivendi had acquired 10.39 per cent of Ubisoft. It now owns 17.73 per cent (via Reuters).

Guillemot had met with Canadian prime minister Justin Trudeau and had urged Canadian investors to not give in to Vivendi's offers.
 

Perkel

Arcane
Joined
Mar 28, 2014
Messages
15,810
hope they buy them and do what Vivendi does best sucking money until it becomes husk
 

Thane Solus

Arcane
Joined
Apr 29, 2012
Messages
1,681
Location
X-COM Base
Since they closed or destroyed IPs like Heroes, Silent Hunter, Might and Magic and tons of old IPs that they bought but never used, they deserve all that is coming.
 

Unkillable Cat

LEST WE FORGET
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Codex 2014 Make the Codex Great Again! Grab the Codex by the pussy

Incredible Arcade Treasures Found In Beached Ship


The machines were discovered inside The Duke Of Lancaster, a former cruise ship that has been in dry dock since the late Seventies in Llanerch-y-Mor, North Wales. Having seen them on an urban exploration forum, collector Oliver Moazzezi spent months tracking down the owners of the ship and arranging to purchase the games.

The machines are all golden age arcade games, including a number of Space Invaders cabinets, as well as Asteroids, Missile Command and more. They’ve now been sold to collectors and are being restored to pristine condition.
 

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