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Vivendi Is Making Moves on Gameloft After Ubisoft Purchase

Vivendi is currently trying to purchase a majority stake in the Guillemot owned Gameloft.

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GigawattConduit2158d ago

They're coming for EVERYONE.

capitanandi2158d ago

I don't blame them. The mobile market is crazy profitable right now.

MJunior2158d ago

I understand why Vivendi is interested in gaming right now, but, Gameloft? You know, back on 2009 - 2013, they're the big thing, but today?

ginsunuva2157d ago

The CEOs of Ubi and GL are brothers

IIFloodyII2157d ago

Gameloft own something like 15% of Ubi, they are probably going for that more than anything.

rawshack2157d ago

When did they buy ubisoft?

IIFloodyII2157d ago

They haven't. Though people think once they get Gameloft, Ubisoft are next.

IIFloodyII2157d ago (Edited 2157d ago )

They are worried enough that they have growth plans to try and fend them off.
http://www.reuters.com/arti...
The reason is, they'll most likely take a lot more than they'll give.

BadBoyC2157d ago

I'm confused... How can a company like Vivendi buy another company like Ubisoft if the said company doesn't want to be bought or doesn't agree to being bought? You can't just buy something from someone if they don't agree to it. That's almost like someone putting a gun to my head and forcing me to sell my motor bike to them. Isn't that illegal? lol

IIFloodyII2157d ago

@Bad
They can because Ubisoft are on the stock market, and not privately owned. So they'd just need to have the majority stake, and from there will just force the rest to either sell over or play along, as they would pretty much have full control.

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ScorpiusX2157d ago

Think if Ubi Ceo wants to avoid issues with vivendi, they start buying back majority of Share before share holders get wind or market starts BS evaluations.

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